Tevelo,
Add to that the fact that LYC has no earnings (and a few bridges to cross) and you'll work out why it fell 7% today compared to 2% for BHP, WPL, RIO, STO etc.
Add to that the hot money running in the stock that pushed it way overbought at 2.70 (JPM values it at 2.71 Dec 11 AFTER 3 months successful production) and you'll understand why the SP was vunerable.
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let the sp of lyc drop,, page-10
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Last
$6.94 |
Change
0.070(1.02%) |
Mkt cap ! $6.477B |
Open | High | Low | Value | Volume |
$6.94 | $7.04 | $6.88 | $11.61M | 1.670M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
37 | 21091 | $6.94 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.95 | 43315 | 35 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
38 | 20792 | 6.940 |
34 | 22241 | 6.930 |
15 | 17490 | 6.920 |
11 | 16346 | 6.910 |
15 | 31155 | 6.900 |
Price($) | Vol. | No. |
---|---|---|
6.950 | 43459 | 36 |
6.960 | 25785 | 21 |
6.970 | 29573 | 15 |
6.980 | 30323 | 10 |
6.990 | 7212 | 8 |
Last trade - 14.58pm 12/09/2024 (20 minute delay) ? |
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LYC (ASX) Chart |