I dont think so - if it goes south it will be just for a short period - nothing will change with the company except the number of shares on issue.
What it will do is make it attractive to investors and perhaps fund managers as there will be less day traders on board.
I also not the market cap is now at ASX 200 level - will it get in - maybe not this time, however should next time and then lots of support.
Pr/Nd oxide up again, market sentiment bullish, page-510
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Last
$6.35 |
Change
-0.050(0.78%) |
Mkt cap ! $5.935B | |||
| Open | High | Low | Value | Volume |
| $6.46 | $6.47 | $6.34 | $19.83M | 3.109M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11865 | $6.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.36 | 3637 | 1 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |