No but I have done the maths.
The value of the company increases by the quantum of the cap raising less costs. Given that the company has a functioning LAMP and is efficiently mining the richest deposit of Rare Earth Metals in the world, my prediction is that within six months, shareholder value will be more than double what it was when the cap raising was announced. Once LAMP production passes break even in between two and four months the share price will move into a sustained, long term rising pattern. Between now and then, my expectation is a share price of 9c to 10c and option price between 2c and 5c.
No but I have done the maths. The value of the company increases...
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Last
$6.43 |
Change
0.240(3.88%) |
Mkt cap ! $6.010B | |||
| Open | High | Low | Value | Volume |
| $6.23 | $6.45 | $6.20 | $20.00M | 3.143M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $6.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.44 | 5126 | 2 |
View Market Depth
| Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
$6.41 |
Change
0.240 ( 3.23 %) |
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| Open | High | Low | Volume | ||
| $6.23 | $6.45 | $6.19 | 855490 | ||
| Last updated 15.59pm 29/04/2024 ? | |||||
| LYC (ASX) Chart |