SS, I never said it was all up from here.
I basically said that based on fundamentals, the share-price is heavily undervalued (market cap less than the plant cost) and must correct itself at some stage. In other words, follow a Warren Buffet strategy.
I expect Phase 2 will begin to ramp up in Q4 and the SP will be $1 by Christmas.
valued at less than lamp build cost !, page-10
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Last
$7.70 |
Change
0.130(1.72%) |
Mkt cap ! $7.197B | |||
| Open | High | Low | Value | Volume |
| $7.62 | $7.70 | $7.52 | $35.79M | 4.688M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12728 | $7.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.70 | 33134 | 4 |
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| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |