Look, it is obvious that many investors in LGDI think that their money is dead for a few years, and they are selling out one after the other. In hind sight, I wish that I had sold out and then doubled up at todays prices.
The volume that is needed for a take over will force an upward trend, if and when it happens. We would also be talking about much larger volumes that 400 or 500 thousand shares.
If/when we see the volume spike along with upward pressure on the share price there may be a takeover play in action. At the moment it looks like a bunch of people have just given up on waiting.
Have a great weekend everybody!