You wouldn't be worried too much would you Arafura? as a previous LYC gun - your calculated reasoning of your exit does make sense.
As a contrarian i'm concerned about all the rats jumping ship and looking for short opportunities. But in this case I'm of the thought that this is a sinking ship and all the smart rats will get out first. When the dumb rats sink or drown - then that will be the time to buy. LYC is a gamble on politics - the fundamentals of REEs and minesites, IMO, you can throw off the ship with the smart rats. The fundamentals on this show are purely politics.
bargain of the century, page-40
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Last
$7.89 |
Change
-0.130(1.62%) |
Mkt cap ! $7.374B | |||
| Open | High | Low | Value | Volume |
| $7.97 | $8.02 | $7.86 | $27.21M | 3.442M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12329 | $7.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.90 | 8744 | 2 |
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| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |