All very good and positive but the horse does not have an answer for the disconnect between LYC pragmatism and LYC share price.
Maybe share holder prosperity is not part of the 'long game'. We are great and important when the company was in it's death spiral and the tin was rattled a few times.
Maybe the horse needs to not preach to the converted as most are in a worse off position holding than LYC the company and its $1 billion kitty, management and employees who are all paid and generously rewarded. Maybe the retail shareholders are viewed as not really important, the exception being at CR time.
Is LYC really the best run ASX company or just another example of same horse, different jockey?
AGM..., page-20
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Last
$6.76 |
Change
0.020(0.30%) |
Mkt cap ! $6.318B | |||
| Open | High | Low | Value | Volume |
| $6.70 | $6.82 | $6.68 | $12.37M | 1.829M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4000 | $6.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.78 | 7217 | 2 |
View Market Depth
| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |