A %12 drop was an extreme bearish movement for me.
The underlying fundementals of the company are good but the fundementals of the global economy are rooted so short term i dont see that bounce people were waiting for happening until after greece defaults and some of the bad debt from around the world gets written off.
What happened in 2007 the banks in the market were there with margin loans so when it went red, IT WENT RED.
glad i got out yesterday morning, page-2
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Last
$6.11 |
Change
-0.180(2.86%) |
Mkt cap ! $5.711B | |||
| Open | High | Low | Value | Volume |
| $6.12 | $6.15 | $6.07 | $17.65M | 2.889M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 26354 | $6.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.15 | 3758 | 2 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |