Yep Asteroider,
LYC went into a buy yesterday and i'm in on a caution.Due to US election hype and new president giving everybody some hope U may see strong buying in the next few months to come.Eventually when it gets hammered it will break it's recent lows and hit bottom target as stated before.There are some people emotionally deep into LYC and i don't let this in my way.Bottom line is i take any good profit.The good thing about LYC is very little competition from other producers.What got me was why such a free fall from the highs of 1.60. U think it will ever get there,i think yes but may take a few years before profits start to swell with the Malaysian tax break and demand.
Milk it for now,Raju may be spot on with his near term target of 0.50 cents.
Yep Asteroider,LYC went into a buy yesterday and i'm in on a...
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Last
$6.06 |
Change
0.020(0.33%) |
Mkt cap ! $5.664B | |||
| Open | High | Low | Value | Volume |
| $6.03 | $6.08 | $5.97 | $17.39M | 2.875M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 36085 | $6.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.07 | 17440 | 5 |
View Market Depth
| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| LYC (ASX) Chart |