LYC wasn’t the only stock tanking today. Most of the energy and lithium companies had big losses. This nonsense about the water supply is being used as a scape goat to get the shares down so traders can get in cheap.
f you read what Amanda has to say :
”With the implementation of additional strategie, the effect on the full year result is not expected to be material”.
That pretty much says it all. All speculation and gossip is being used to bring the shares down.
LYC Price at posting:
$7.80 Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)