at $88 a kilo the stock is placed at the bottom now of the next cycle
I find it hard now to argue that this price will not be sustained for at least the next 18 months .
the only possible way is if China reverse from here and thats not likely .
$88 a kilo says to me demand is still far from being satisfied
So $4 is sitting out there all riding on execution risk
I get the feeling when this stock goes on its next leg it will go a fair way .
Surely its 50 cents shy of where it should be now plus Sojitz plus the next 1/4tly report will see high $2s
Wouldnt it be nice if this stock would just put a steady 10 cents a month and give a break for a while
But true to LYC form it will do 12 months worth in 2 months and create more stress
Never a dull moment holding this stock
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Last
$6.90 |
Change
0.090(1.32%) |
Mkt cap ! $6.449B |
Open | High | Low | Value | Volume |
$7.00 | $7.05 | $6.82 | $28.67M | 4.144M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 11195 | $6.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.91 | 7697 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9207 | 6.900 |
3 | 12777 | 6.890 |
1 | 9496 | 6.880 |
4 | 37177 | 6.870 |
1 | 11233 | 6.860 |
Price($) | Vol. | No. |
---|---|---|
6.910 | 680 | 1 |
6.920 | 5000 | 1 |
6.930 | 1000 | 1 |
6.950 | 14846 | 5 |
6.960 | 12777 | 3 |
Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
$6.91 |
  |
Change
0.090 ( 1.28 %) |
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Open | High | Low | Volume | ||
$6.99 | $7.05 | $6.83 | 570464 | ||
Last updated 15.59pm 15/05/2024 ? |
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LYC (ASX) Chart |
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Gerard O’Donovan, Executive Director
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