Jasonjay I totally agree that the company will likely ramp up in Q1 as well, problem is that is too late, they need cash flow today. (if they did not then management would have said they were in a strong position to refute the capital raising rumours in the market).
IMO the people who will make a fortune with this company are those that buy after the next capital raising. That IMO will be the optimal point in the last 3 years to own the stock.
just out of curiosity, page-6
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Last
$7.85 |
Change
-0.090(1.13%) |
Mkt cap ! $7.337B | |||
| Open | High | Low | Value | Volume |
| $7.78 | $7.85 | $7.70 | $22.48M | 2.878M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2285 | $7.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.85 | 6431 | 1 |
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| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |