It seems my target price of 60c for this year could be wrong, I now actually think its going to be lower at around ~ 40c
Again, many people in these forums only have a micro view and concentrate solely on items that directly affect the stock. Im still taking a macro view on this one, as time goes by it only gets worse.
There will probably be some backlash to this post but the chart trend does not lie. To be honest i wouldnt even buy LYC if it hit 40c (or any other stock right now). Only when there is a true washout of all this debt will i then participate in the once in a generation filesale of cheap assets.
Hoping it wont come to that. Pay off your debts and most importantly PROTECT what you already have.
Good luck to all
It seems my target price of 60c for this year could be wrong, I...
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Last
$6.41 |
Change
0.040(0.63%) |
Mkt cap ! $5.991B | |||
| Open | High | Low | Value | Volume |
| $6.45 | $6.49 | $6.40 | $13.34M | 2.079M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13384 | $6.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.42 | 13471 | 2 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |