If the $95M cannot be drawn down - whats the point of having $30M anyway...to fill the holes back in? I dont pretend to know all there is about LYC - but I have no issues with managements credibiltiy and if NC said its a back up faciltiy - lets just take it as that. $30M on its own will do nothing to move LYC forward. If the $95M doesn't happen - the price will be so low as to not make shorting of the stock viable in any event.
The last announcement about satisfying the offtake contract clause was verified by HVB. Why so many issues around cred at board level?
If the $95M cannot be drawn down - whats the point of having...
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Last
$6.28 |
Change
0.190(3.12%) |
Mkt cap ! $5.870B | |||
| Open | High | Low | Value | Volume |
| $6.10 | $6.30 | $6.09 | $21.16M | 3.393M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3163 | $6.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.30 | 5246 | 2 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |