I'll give you a definite.
There will be a hell of a lot more shares to divide any future profits between and a minimum of 12% SP dilution before any next quarter report so as a holder I would be more concerned with that.
Especially if I was a large holder that could dump their holding even though they still have faith in the company and double up their stake in the days following the SPP price being set.
I wonder where the person closing out the short for 3.1 mill shares at 11c sold them at.
They will pay $341k to return them.
If they have shorted from a dollar they have taken over a $2.7 mill profit in a bit over a year.
Trust me at this point it is not a new buyer waiting to get in.
That's investing.
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Last
$14.26 |
Change
-0.040(0.28%) |
Mkt cap ! $14.15B | |||
| Open | High | Low | Value | Volume |
| $14.44 | $14.46 | $14.19 | $51.40M | 3.593M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28856 | $14.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.28 | 3000 | 1 |
View Market Depth
| Last trade - 16.21pm 16/09/2025 (20 minute delay) ? |
| LYC (ASX) Chart |