You may well be right. Although when I sold my holding, part of my thinking was that if the SP did not spike in a hurry, I could get back in, becaue I like LYL as a company. I have a capital loss that I have been carrying forward for years, so realising a $50+k profit would reduce that, but not attract tax. Also, I had taken funds from a mortgae account to buy those shares in February 2022, so I can tip what I realised by selling them back into that account, and thus give it leeway, should I fancy another punt of the nobrainer variety.
On the metrics you mentioned, I will in coming months have a deeper look into LYL's financial report, because the way LYL reports needs to be scrutinised. Hypothetically, LYL could have X million in cash that is in effect a customer's deposit, or on the NPAT aspect, a reversal of a large provision can inflate profit that had been deflated in the past by over provsioning. I just was not in the mood to delve into the accounting, because, as I said, unless the SP runs generously northward, I could get back in if I think the stock is going to remain resonably liquid (historically, LYL has been an illiquid stock).
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Last
$12.10 |
Change
0.000(0.00%) |
Mkt cap ! $480.8M |
Open | High | Low | Value | Volume |
$12.07 | $12.10 | $11.91 | $400.5K | 33.34K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 1663 | $12.10 |
Sellers (Offers)
Price($) | Vol. | No. |
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$12.11 | 85 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1663 | 12.100 |
1 | 251 | 11.900 |
1 | 2100 | 11.890 |
1 | 1000 | 11.820 |
1 | 826 | 11.720 |
Price($) | Vol. | No. |
---|---|---|
12.300 | 350 | 2 |
12.490 | 190 | 1 |
12.570 | 200 | 1 |
12.600 | 4659 | 2 |
12.690 | 1000 | 1 |
Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
$12.04 |
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Change
0.000 ( 0.53 %) |
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Open | High | Low | Volume | ||
$12.00 | $12.06 | $11.90 | 7399 | ||
Last updated 15.56pm 07/06/2024 ? |
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LYL (ASX) Chart |