Excuse my ignorance here as I haven't followed LYC for some time (except watching its slow bleed on my watch list ), but,
Wasn't this the same thread and conversation I read when they did the massive capital raising a year or 18 months ago...at 76cps.
'Turning the corner', $2 sp within a year, great opportunity to top up at cheaper prices, great opportunity to lower our average cost, just relax, etc, etc.
I'm sure the last cap raising also came with an assurance from management that they were raising more than was needed to cover all contingencies. (Ie) no future dilution needed.
Why is this time different?
Milesy
suspended, page-33
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.75 |
Change
-0.130(1.65%) |
Mkt cap ! $7.244B | |||
| Open | High | Low | Value | Volume |
| $7.79 | $7.87 | $7.70 | $22.02M | 2.835M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $7.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.76 | 4578 | 2 |
View Market Depth
| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |