LYC has done some amazing things in the past, but a positive report from the IAEA this week could really set the fire alight under LYC's share price.
I am out until a positive IAEA report comes through, but when it does, I'll be sure to be ULTRA LONG!
At $2.04, everyone knows LYC is cheap, given earnings potential. Don't be fooled if the share price doesn't rocket immediately following the decision or if it goes up 'ONLY' 5, 10 or 15%. Shorts will be burnt and a positive announcement this week could see LYC shares past $3 very soon imo!
PIMCO's Mohamed El-Erian recently said "A basic rule as an investor is don?t buy something unless you know who else is going to be buying"
The IAEA report is a big de-risking event. A positive report will surely have all big fund managers and substantial shareholders hitting the BUY button.
I know I will.
LYC has done some amazing things in the past, but a positive...
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Last
$6.79 |
Change
-0.010(0.15%) |
Mkt cap ! $6.398B | |||
| Open | High | Low | Value | Volume |
| $6.85 | $6.89 | $6.79 | $5.029M | 734.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 11298 | $6.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.80 | 18294 | 65 |
View Market Depth
| Last trade - 15.06pm 26/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |