I am not of the opinion that finance is cheaper now,
The worlds credit markets are all but closed, two of USA biggest banks have seen their shares go to junk. The UK banks are no better they are saying some countries are on the verge of becoming bankrupt, Germany, Spain, Ireland,
The sharks will be circling LYC to see if they have enough cash to see out this credit squeeze.
If they have enough cash great, if not the next Ann: could be the administrators.
Ann: Cancellation of Senior Loan Facility , page-9
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Last
$8.02 |
Change
0.260(3.35%) |
Mkt cap ! $7.496B | |||
| Open | High | Low | Value | Volume |
| $7.75 | $8.02 | $7.75 | $43.38M | 5.448M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $7.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.02 | 500 | 1 |
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| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |