but if you read the quarterly - or the annual report - you will note - they are entering a quarter with maintenance in the Malaysia operational plant (lower production from maintenance outages and plant shutdown) and commissioning of Kalgoorlie plant (always risks with a commissioning - many things can go wrong) plus they have challenged the Malaysian licence restrictions imposed for early next year - and don't forget the lower commodity price
- so there's a lot in play this quarter including lower production, lower sales revenue, lower profit, les cashflow etc plus legal risk.
So one would expect the price to slide don't expect it to do much upside until these uncertainties start to clear
but long term tge outlook for LYC abd the share price must be looking fantastic
dyor
cheers Al
LYC Price at posting:
$6.29 Sentiment: Buy 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)