A drop of 5% is not worth getting out bed for - can go + or - in a day. If it drops say to 300,000 RMB then I would be very concerned and would expect the SP to pull back a fair bit (5cents?).
I am all for taking profits on the way - which I have done on LYC over the last 6 months. I am now in the position where I am happy to keep what I have left of LYC in the bottom draw and see what transpires over the nest 18 to 36 months. No need to sweat the small stuff on this stock anymore. If it drops to 19cents then such is life - if it shoots up to 30c then life is good. Of course if it goes on a ball braking run and hits a $1.00 then it becomes a bit of a life changer.
Cheers
slc4me
PS - I am talking pre consolidation share prices!!
Ann: Quarterly Activities Report, page-89
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Last
$6.40 |
Change
0.000(0.00%) |
Mkt cap ! $5.982B | |||
| Open | High | Low | Value | Volume |
| $6.47 | $6.48 | $6.34 | $20.28M | 3.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12848 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 17965 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |