Tiddler holders always fail to appreciate that money to fund this project does not come from them . It comes from institutions s and they are not an open wallet. They must be induced and courted. There must be clear and demonstrable upside and "waiting until its a buck" will see so those wallets slam shut. It is also unfair to ask for X$ at a buck when the average share price for the last 3 months has been 75 cent odd. They clearly need the money now. This is a logical and wholly understandable move
capital raising - dissapointing, page-13
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Last
$6.87 |
Change
-0.175(2.49%) |
Mkt cap ! $6.444B | |||
| Open | High | Low | Value | Volume |
| $7.08 | $7.26 | $6.83 | $21.06M | 3.012M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 74977 | $6.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.87 | 7316 | 14 |
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| LYC (ASX) Chart |