I have no problem with the way the company is handling a difficult period. They have not allowed the company to get into an impossible debt position. The company appears to be well managed, has a viable project with proven resources and a good business plan. I have trebled my holding this week, originally with the idea of trading half for profit but I am happy to hold if SP gains do not eventuate immediately enabling a quick profit. Slow and steady wins the race. In a year or two this could be one of those "10 baggers". LYC is really a stock for the "true believers".
lyc announcement - project update, page-11
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Last
$6.05 |
Change
-0.050(0.82%) |
Mkt cap ! $5.655B | |||
| Open | High | Low | Value | Volume |
| $6.03 | $6.08 | $6.03 | $11.79M | 1.949M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 44715 | $6.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.06 | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |