this is a fantastic result and will finally release the shackles on the share price. The "going concern" rating will be removed, no more interest payments, and only upside in the share price imo - you have to remember the share price already values the debt now it is simply swapped to equity I can only see the market cap increasing on a relative basis.
What now with the other debt? even though the interest rate has been reducing it is still expensive debt and i would like to see it rolled over longer term at more like 5%pa.
The future is here, finally
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Last
$10.00 |
Change
0.330(3.41%) |
Mkt cap ! $9.354B | |||
| Open | High | Low | Value | Volume |
| $9.84 | $10.02 | $9.65 | $74.35M | 7.510M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $9.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.00 | 60555 | 22 |
View Market Depth
| Last trade - 16.19pm 14/07/2025 (20 minute delay) ? |
| LYC (ASX) Chart |