"Warnie,
"Especially if you start averaging down on stocks that are way overvalued to begin with"
If your talking about lyc can you please back this up with proof?
Until we know P/E & more your statement is BS"
Jay Jay Jay
Happy to provide proof, please feel free to look at the current SP compared to 6 months, 12 month, 18 months and 2 years ago.
is that enough proof for you, or is the SP BS too?
By the time you know P/E most long term holder would have sunk based on previous share prices, unless you have extremely deep pockets, are very much into high risk and generally little brain matter.
average down - lyc, can it work?, page-94
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Last
$6.35 |
Change
-0.050(0.78%) |
Mkt cap ! $5.935B | |||
| Open | High | Low | Value | Volume |
| $6.46 | $6.47 | $6.34 | $19.83M | 3.109M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11865 | $6.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.36 | 3637 | 1 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |