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
$13.71 |
Change
0.010(0.07%) |
Mkt cap ! $546.4M | |||
| Open | High | Low | Value | Volume |
| $13.67 | $13.82 | $13.63 | $354.1K | 25.82K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 519 | $13.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.72 | 113 | 2 |
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| Last trade - 14.16pm 23/07/2024 (20 minute delay) ? |
| LYL (ASX) Chart |