I don't know how long you guys have been in the market, but in the past, when I was not exposed to (potential) margin calls, I would just completely ignore the market for a few months when it got crazy like this. Didn't want to stress about it every day, and you KNOW - absolutely - that it will come back, eventually.
This time, there is a possibility of a margin call. Only remote, because my leverage is only part margin loan, part secured loan. But a margin call destroys you, so I need to monitor the situation, and if necessary take whatever avoidance measures I can. As long as I avoid the margin call, I will have the assets in place to (eventually) recover.
Unfortunately, that does mean significant stress, which is unpleasant.
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Last
$6.92 |
Change
-0.140(1.98%) |
Mkt cap ! $6.468B |
Open | High | Low | Value | Volume |
$6.94 | $6.97 | $6.84 | $15.53M | 2.248M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 13835 | $6.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.93 | 2500 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 13835 | 6.900 |
3 | 15610 | 6.890 |
5 | 33363 | 6.880 |
4 | 23308 | 6.870 |
3 | 16510 | 6.860 |
Price($) | Vol. | No. |
---|---|---|
6.930 | 2500 | 2 |
6.940 | 4182 | 4 |
6.950 | 19265 | 4 |
6.960 | 11510 | 2 |
6.970 | 43260 | 3 |
Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
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LYC (ASX) Chart |