Well, as the saying goes you can prove anything with statistics.
In this case, if we use the Q4 2010 average basket value of $62.18 (as taken from the quarterly report) and then look at the average LYC SP over Q4 2010 it comes to $1.56. Based on these two facts, our current basket price of around $63.00 should mean that, all else being equal, a SP of around mid $1.50 should be about right, yet we are around 40% below this figure.
a spec buy, page-8
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Last
$7.80 |
Change
-0.090(1.14%) |
Mkt cap ! $7.290B | |||
| Open | High | Low | Value | Volume |
| $7.85 | $7.94 | $7.77 | $14.33M | 1.828M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5039 | $7.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.81 | 6633 | 1 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |