Car companies are in deep doo doo,highly unlikely they will be spending big on new technology when they are running at a loss(even Toyota)and the yank auto makers may not even survive.No cost incentive with oil at $40per barrel to develope away from internal combustion engines.Consumers throughout the world with current recesion/depression unlikely to be buying LCD Plasma and other REE reliant devices or more expensive cars that dont provide cost savings when compared to petrol powered.All in all not a good outlook ATM for LYC .
Car companies are in deep doo doo,highly unlikely they will be...
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Last
$6.08 |
Change
-0.185(2.96%) |
Mkt cap ! $5.687B | |||
| Open | High | Low | Value | Volume |
| $6.14 | $6.15 | $6.02 | $20.75M | 3.326M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 18239 | $6.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.08 | 26613 | 40 |
View Market Depth
| Last trade - 12.29pm 19/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |