I agree when things are good and you live in OZ the AUD is great. However these shares should be expressed in JPN or USD or Gold to get a better feel for how they are doing.
Riskiy times just gets money out of non earners first which is why these companies are so volatile.
Graph LYC against AUD/JPY ratio and youll see a clear relationship forming. AUD up yen in AUD down YEN out SP drops.
If LYC produced tomorrow that risk would reduce the YEN would stay knowing it was a critiacl industry.
Thats why we are here IMO we know inside that LYC will produce a commodity that will surpass any carry trade largely.... then the dividends.
research, page-49
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Last
$6.76 |
Change
0.020(0.30%) |
Mkt cap ! $6.318B | |||
| Open | High | Low | Value | Volume |
| $6.76 | $6.81 | $6.72 | $16.83M | 2.487M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9162 | $6.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.78 | 5455 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |