Can we get some discussion going on what was the real trigger for today's fall of over 8% on volumes of over 16 million shares traded.
As I see it there are two outstanding issues
1/ The current global price for the resultant RE outputs from the plant
2/ The increasing probability of a capital raising.
It seems to me the market is pushing the price down in the hopes that if and when there is a capital raising it will be a further discount to the SP
Comments welcomed
todays fall
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Last
$7.61 |
Change
-0.100(1.30%) |
Mkt cap ! $7.113B | |||
| Open | High | Low | Value | Volume |
| $7.65 | $7.65 | $7.49 | $13.50M | 1.778M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10000 | $7.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.61 | 6808 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |