meowmeow,
“which is critical for most of funds when they select shares. “
What is critical for most funds is when LYC returns to ASX 100. At the moment it is a penny dreadful share . producer yes, but huge number of shares that would make it very hard for the company if capital needs to be raised.
Why, “BOA and Mitsubishi (they are third tier investment banks and in fact they dont hold on their behalf anyway) ” ? Do you really expect the retailers to prop LYC up.?
IWONDER
“The debt is substantial but covered by their infrastructure “
Would you like to elaborate on this? Phase 1 and Phase 2 ???? Has it been confirmed that both are in good working condition at full capacity?
Debt vs what LAMP is worth today, if it had to be sold off .. Don t forget the Malaysian Govn annual and other regulations .
IWONDER
I loved playing monopoly as a child”
China s monopoly is no child play. Millions of dollars . They are not trading few thousand shares on market .
You seem to forget that China is not like western govn democratic country.
Elbows.
“Historically LYC has moved very quickly in the past”
Yes ,I have seen the SPof LYC drop fast after 1st nd 2nd Cap raising.
What have you seen to the contrary?
Care to look at History of Trade ,or one look at LYC chart .
Good night, my last of 3 posts for today .
Good luck to the LYC traders
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Last
$6.52 |
Change
-0.110(1.66%) |
Mkt cap ! $6.094B |
Open | High | Low | Value | Volume |
$6.60 | $6.62 | $6.51 | $26.54M | 4.050M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 15309 | $6.51 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.52 | 130057 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 5098 | 6.510 |
23 | 45312 | 6.500 |
3 | 6043 | 6.480 |
3 | 13618 | 6.470 |
2 | 1700 | 6.450 |
Price($) | Vol. | No. |
---|---|---|
6.550 | 3500 | 1 |
6.580 | 1500 | 1 |
6.610 | 1000 | 1 |
6.650 | 100 | 1 |
6.700 | 500 | 1 |
Last trade - 16.10pm 24/01/2025 (20 minute delay) ? |
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LYC (ASX) Chart |
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Adam McKinnon, MD
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