In my humble opinion because of this announcement is one reason;
http://www.asx.com.au/asxpdf/20151009/pdf/431yx1c60wq281.pdf
The debt is substantial but covered by their infrastructure and they have a commodity which will be in high demand.
Changing world will be beneficial to LYC.
Lets' see how it evolves
Why I invested money in LYC, page-16
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Last
$7.76 |
Change
0.060(0.78%) |
Mkt cap ! $7.356B | |||
| Open | High | Low | Value | Volume |
| $7.72 | $7.90 | $7.70 | $22.34M | 2.868M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4481 | $7.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.78 | 14225 | 2 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |