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
$6.15 |
Change
0.100(1.65%) |
Mkt cap ! $5.748B | |||
| Open | High | Low | Value | Volume |
| $6.18 | $6.37 | $6.08 | $26.63M | 4.279M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17840 | $6.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.17 | 8880 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |