So unlike most people who post i thought i'd check in on my 60c party prediction for this year. For all those who were bullish last year and considering all the European issues that could be seen, it was foolish to give predictions of $2+ for April.
So here we are now hovering just above $1 and although i thought LYC would be closer to 60c, its definitely still on for this year.
Anyone think the European issues have gone away and still want to say LYC $2 by years end? Greece has been solved for the next few years but traders are now attacking Spain(bonds). When they finish with them they'll find another sovereign to attack. When Europe slows, china slows and along with it Australia.
Actually agree with Charlie Aitkins term the Great Deleveraging attributed to the 5 possibly 10 years from GFC's end.
Best wishes to all holders and sellers
60c party - not yet
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Last
$6.51 |
Change
0.170(2.68%) |
Mkt cap ! $6.085B | |||
| Open | High | Low | Value | Volume |
| $6.44 | $6.55 | $6.43 | $12.35M | 1.897M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 63738 | $6.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.52 | 20817 | 3 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |