Receipts from sales have increased from 6.9m in Dec qter to 21.9 in Mar qter (over 300%)
Outgoings for production and admin have increased from 37.8m in Dec qter to 46m in Mar qter (22%).
Now imagine cash on hand is not 23m, but 100m ( stab in the dark).
A bit like an Internet stock (twitter anyone?).
I think the trend (in production) is your friend and post the financing transaction, LYC SP will be higher.
K
quarterly cashflow report, page-15
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Last
$7.04 |
Change
-0.110(1.54%) |
Mkt cap ! $6.580B | |||
| Open | High | Low | Value | Volume |
| $7.14 | $7.14 | $6.93 | $27.05M | 3.859M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 153694 | $7.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.04 | 51746 | 5 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |