Why would anyone not expect the SP not to go up tomorrow? What seemed like a a massive gamble a week ago now looks like a company that has certain goals and targets that are right on track. A company that has had its share price incinerated. I have gone over and read the reports a couple of times to make sure everyone is talking about the same company?
I think rights issues is a great idea and not too sure why so many investors seem so concerned. After all that has been released the last few days i think dilution of up to 15% will be quickly forgotten when the market has the chance to react.
Completely fine if you disagree, sell them under 25c then please :)))
$40 million spp and placement?, page-11
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Last
$6.06 |
Change
0.140(2.36%) |
Mkt cap ! $5.664B | |||
| Open | High | Low | Value | Volume |
| $6.02 | $6.12 | $5.97 | $11.52M | 1.904M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12791 | $6.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.07 | 13019 | 2 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |