seden33, they haven't actually 'loaned' anything. This is how YA do business, they are a hedge fund out of New York from what I can gather.
You make a good point regarding why would LYC secure financing for 30m when 95m is needed unless it is a just in case working cap requirements go over budget. I really hope this is the case!!
LYC should make a statement by 31 january and this will be eagerly awaited by the market.
seden33, they haven't actually 'loaned' anything. This is how YA...
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Last
$8.09 |
Change
0.070(0.87%) |
Mkt cap ! $7.561B | |||
| Open | High | Low | Value | Volume |
| $8.15 | $8.27 | $8.08 | $35.31M | 4.353M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7192 | $8.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.10 | 4833 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |