G'day Purple and welcome.
There have been some very informative posts re your query in the past but I cant rememeber who it was. Perhaps they will see your post and give you some of the details.
However I am predicting on my own research and from the fundementals that the price will be at least $8 given that there will probably be a surge(s)as and when various production apsects come to fruition.
Notwithstanding as a conservative investor I think the $8 guess is/will be close to the mark.
The other big influencing apsect will be the dividends when LYC profits begin to show from its (already set in concrete) sales. I expect this will be around 2 years from now.
I recall someone calculated divs' of around 70c !
Like you I'm in for about another 2 years and these figures are my target as to when I will sell half my holding and keep the rest for divvy income.
I am still trying to accumulate when I have the dough and opportunity. PS you might also have a look at NTU - LYC's little sister.
Good luck.
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Last
$7.69 |
Change
0.080(1.05%) |
Mkt cap ! $7.187B |
Open | High | Low | Value | Volume |
$7.67 | $7.78 | $7.63 | $9.690M | 1.258M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 46595 | $7.68 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.69 | 45838 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 33573 | 7.680 |
4 | 23723 | 7.670 |
1 | 10000 | 7.640 |
2 | 6868 | 7.630 |
1 | 878 | 7.620 |
Price($) | Vol. | No. |
---|---|---|
7.690 | 45456 | 2 |
7.750 | 8773 | 2 |
7.760 | 13624 | 1 |
7.770 | 14656 | 2 |
7.780 | 13948 | 2 |
Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
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