The more the RE sector is treated as the bag of speculative poo (it is by the way, look at the quality of 90% of RE stocks seeking to get to prod'n) the better for LYC.
I hope they all fail and fail miserably, proving so many unnecessary announcements of false hope.
The future supply deficit is clearly measurable and I can't say anything but the disapproval of global warming, and that becoming consensus, can change this. In effect, it isn't going to change.
The failure of the weak just strengthens LYC's future revenues. There's already a wide enough divergence between future demand and supply, using conservative forecasts at that, for sustainable and elevated returns for LYC far above what the current share price is telling you.
Regarding the rest of the sector, stuff em! haha
DYOR as always.
The more the RE sector is treated as the bag of speculative poo...
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Last
$6.90 |
Change
0.110(1.62%) |
Mkt cap ! $6.430B | |||
| Open | High | Low | Value | Volume |
| $6.74 | $6.95 | $6.72 | $8.945M | 1.302M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 4493 | $6.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.91 | 4114 | 6 |
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| Last trade - 12.12pm 28/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |