No sales = no cash = capital raising required. Cannot possibly see how this is avoided given how tight their current situation was. I wrote about their cash flow position a few days ago and this operational update is even worse than I expected. Everything needed to line up perfectly to avoid having to raise more capital.
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Last
$6.29 |
Change
-0.010(0.16%) |
Mkt cap ! $5.879B | |||
| Open | High | Low | Value | Volume |
| $6.34 | $6.37 | $6.29 | $15.63M | 2.473M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1079 | $6.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.31 | 10515 | 3 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |