Moreover, a revenue miss of that proportion should have been pre-announced in a "profit warning". A few percent is one thing, but -30%-40% cannot be kept from investers. Besides Amanda has already confirmed that at 75% production, they were able to adjust operations, so that production was not falling. As I stated yesterday, supply issues are real, but dont seemingly affect LYC in a material way.
BTW, why does LYC use shipping containers. At the volume they are shipping, why not leace a dry bulk shipper. You know, the old full hold holding freighter still used for grains, soy, fertilizer, etc. Much cheaper and safer during this supply chain disruption.
GLTA
Jason
Quarterly Results - due on Friday, page-23
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Last
$5.83 |
Change
-0.080(1.35%) |
Mkt cap ! $5.449B | |||
| Open | High | Low | Value | Volume |
| $5.89 | $6.04 | $5.83 | $18.89M | 3.204M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 17984 | $5.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.87 | 3952 | 2 |
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| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |