LCL 8.33% 1.1¢ lcl resources limited

Management has presided over the share price hafalling from a...

  1. 307 Posts.
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    Management has presided over the share price hafalling from a high of 48c in 2011 to to 2c today. Until we see a signed contract/takeover offer the share price will continue to go no where. Yes we have some good assets in the ground, but these are ony worth something if you have a buyer. As a shareholder to say I am dissapointed in both the share price and management is an understatement. IMHO It would not surprise me if a "low ball" offer comes in and we are forced to accept it on the basis that there is no better offer - and before I hear others say that the board wont accept this, it has happened many a time and very recently on other shares..... management need good reason to not accept, especially if we are running low on cash.
    Anyway, good luck to all who hold...hopefully some return is achieved......
 
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Last
1.1¢
Change
-0.001(8.33%)
Mkt cap ! $10.50M
Open High Low Value Volume
1.1¢ 1.2¢ 1.1¢ $56.18K 5.082M

Buyers (Bids)

No. Vol. Price($)
2 1908255 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 1851296 5
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Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
1.1¢
  Change
-0.001 ( 8.33 %)
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1.1¢ 1.2¢ 1.1¢ 2127411
Last updated 15.59pm 29/03/2024 ?
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