Is your reckon a highly technical offering? Or just in hope so can jump in and trade some LYC. Can you elaborate a little more detail - like how much more - 5c to $1 further fall.
PLS also having a rare red day and at day lows as some minor profit taking happening. These two companies and industries are very solid in current global market mire however they to are vulnerable to falls of course.
Putin and Xi. Wow Xi not happy with concerns the drawn out failure and the costs to Xi's economic flailing of Chinese economy that they spent decades crafting and delivering. Could this see a change from Putin - is that what he is now alluding to along with reported internal Russian dissent and commentary that would see persons disappear previously.
Very interesting times as WHO declare C19 worse has passed and now a possible but long deal to broker cease fire in R & U war. Both are obviously important to markets. US Inflation will take a dip in coming data releases which if received last week and not missed expectations of a drop we would be seeing different market as clearly the US market - the behemoth is so correlated to any drop of news.
LYC in the meantime will have water supply soon enough - Kal will be commissioned and by 30/6/2023 the annual production/profits will be similar to that of last year and increase considerably in 2023 full year and as we know all product is sold at very high pricing and margins to a market in large supply deficit and no supply alternatives - US plants progressing well throughout 2023. There fore what todays SP - Next months SP is really of no concern anyway - unless one is a trader or of belief a global economic meltdown is to occur in which one should have sold by now.
LYC Price at posting:
$7.87 Sentiment: None Disclosure: Held
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