Red Dirt Dan has one very good point!
Who is buying?
I'll let you work out who's going to make money on LYC.
a) people who bought in a few years ago
b) people buying in NOW
The deposit WILL BE MINED, it's one of the best in the world, the only question is what is a good price to get your piece of it?
For years i've been looking and saying no thankyou.
When it hit 30c with production starting to ramp up i started saying yes please, this might halve from here and it might not but either way there is good value NOW with regards to the big picture.
I suck at trading, pretty much every trade i ever make based on TA has sucked but value is not that hard to spot, sometimes it just takes real patience until the market sees it.
Good luck all, and DYOR!
Ps: when i say goodluck all i mean both shorters and longs, without shorters i would never have had such a low buy in price, THANKYOU SELLERS!
lots of non holders posting, page-61
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 (20min delay)
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Last
$7.34 |
Change
-0.260(3.42%) |
Mkt cap ! $6.860B | |||
| Open | High | Low | Value | Volume |
| $7.55 | $7.56 | $7.30 | $32.37M | 4.384M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 84497 | $7.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.35 | 23514 | 2 |
View Market Depth
| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |