Who let the lunatics out of the asylum?
SP simply a division of mkt cap/SOI, which has absolutely no bearing on value.
Every conversion is a transfer of 10c from debt to equity.
Had the concept put to me today that the bondholders wouldn't be converting that debt to equity if the SP wasn't +10c, which begs the Q, would the SP be 20c today if the bondholders weren't converting debt to equity?
Can't wait for the response to that one, scrambled eggs on the menu.
Who, What, Where, When "new entrants into the NdPr market"?????
Meantime 6ktpa LAMP NdPr now "on allocation", from what I've heard.
todays chart, page-1408
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Last
$6.06 |
Change
0.020(0.33%) |
Mkt cap ! $5.664B | |||
| Open | High | Low | Value | Volume |
| $6.03 | $6.08 | $5.97 | $17.39M | 2.875M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 36085 | $6.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.07 | 17440 | 5 |
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| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| LYC (ASX) Chart |