I agree with all of you and I reckon the best guide is what happened to their share price during and after the gfc. Their share price collapsed to about $1 and then governments started spending on infrastructure and gold projects proceeded and Lyco took off to $7. Right now the cash on their balance sheet is holding up the share price but I reckon another infrastructure and hence commodities boom including gold is inevitable. I agree that laconic in a really good position.
Ann: Dividend/Distribution - LYL, page-11
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Last
$12.23 |
Change
-0.030(0.24%) |
Mkt cap ! $486.0M | |||
| Open | High | Low | Value | Volume |
| $12.30 | $12.30 | $12.05 | $528.2K | 43.48K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2 | $12.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.23 | 1335 | 2 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| LYL (ASX) Chart |