there was an AFR article last Thursday I think which was enough to spook me Friday mentioning only six months.
Great news there isn't a hard stop but only six months makes it hard to push or hold the premium imo.
If it goes over 3 as some suggest , well great for current holders, but I would have thought it wouldn't be long until it revisited the low of last week at least of 2.49, imo six months makes it hard for someone to make a killer bid because more capital will be required to reorganise and clearly this sort of operating certainty of revolving at 6 months isn't good for certainty.
good luck
there was an AFR article last Thursday I think which was enough...
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Last
$6.38 |
Change
-0.020(0.31%) |
Mkt cap ! $5.963B | |||
| Open | High | Low | Value | Volume |
| $6.44 | $6.46 | $6.25 | $19.00M | 2.975M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4200 | $6.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.39 | 29910 | 1 |
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| Last trade - 16.10pm 24/04/2024 (20 minute delay) ? |
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Last
$6.37 |
Change
-0.020 ( 0.48 %) |
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| Open | High | Low | Volume | ||
| $6.45 | $6.46 | $6.25 | 1150213 | ||
| Last updated 15.59pm 24/04/2024 ? | |||||
| LYC (ASX) Chart |