Yes shares 653m +CNMC 700m shares = 1,353m @ 50c = $677M.cap
The CNMC shares will never be sold, free float quantum remains same but free float % gets tighter = good news
No-one mentioned the fact that because of this mkt cap LYC will likely be rerated in the Index meaning instos with passive bias have to buy more LYC, meaning more get taken out of free float = better news, more stable SP
Yes shares 653m +CNMC 700m shares = 1,353m @ 50c = $677M.capThe...
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Last
$6.30 |
Change
0.015(0.24%) |
Mkt cap ! $5.870B | |||
| Open | High | Low | Value | Volume |
| $6.39 | $6.39 | $6.28 | $2.194M | 346.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 8706 | $6.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.30 | 13345 | 19 |
View Market Depth
| Last trade - 10.39am 01/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |