nihilism - the reason why they jump in is because they don't want to miss out on the huge upside potential that awaits.
If I remember correctly, Macq. Bank had a price target of $7+ on LYC when forward estimates are taken into account in addition to dividends..
Furthermore, don't forget it was the Chinese who made a bid for this company a few years ago.. they have a better idea than we do
it is political uncertainity that is primairly holding the share price back, otherwise LYC ticks all the boxes to what may be the next 'Fortescue'..
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Last
$7.75 |
Change
0.030(0.39%) |
Mkt cap ! $7.244B |
Open | High | Low | Value | Volume |
$7.71 | $7.81 | $7.63 | $12.03M | 1.561M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6556 | $7.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.77 | 3385 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6556 | 7.730 |
3 | 12284 | 7.710 |
1 | 9401 | 7.700 |
2 | 30653 | 7.690 |
2 | 18250 | 7.680 |
Price($) | Vol. | No. |
---|---|---|
7.770 | 3385 | 1 |
7.780 | 12284 | 3 |
7.790 | 9401 | 1 |
7.800 | 12151 | 2 |
7.810 | 9401 | 1 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
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LYC (ASX) Chart |