The "re-rating" is happening as we speak. $3.6m is a joke for a company that is still valued >$ 700m.
The problem ist that people have expected not 10x as much but 100x as much.
Fact is: China still has the market power to make this beautyful LAMP a bad investment, at least for the retail investor.
plant in gebeng in seen as a game changer, page-3
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Last
$7.70 |
Change
-0.070(0.90%) |
Mkt cap ! $7.197B | |||
| Open | High | Low | Value | Volume |
| $7.63 | $7.72 | $7.57 | $17.44M | 2.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 482 | $7.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.70 | 6582 | 1 |
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| LYC (ASX) Chart |