I don't think there is any swopping - that'd be silly. My comment yesterday is borne out by the latest Change in substantial holding notice, Ospraie now down to 7.33% from 9.33%: that's 9m shares in 9 trading days. Once they've got down to their level of comfort and the selling pressure is off, LYC should continue upwards.
Just value each company on its merits. Most of kuhlii's comments as a pro for ARU also apply to LYC - not sure about the U - LYC claim no U is an advantage, ARU say having it is good (or kuhlii is).
gloss is off, page-5
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Last
$6.40 |
Change
0.000(0.00%) |
Mkt cap ! $5.977B | |||
| Open | High | Low | Value | Volume |
| $6.47 | $6.48 | $6.34 | $12.82M | 1.995M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 12422 | $6.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.41 | 18098 | 28 |
View Market Depth
| Last trade - 13.10pm 12/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |