Thought it would be worth conducting a poll to see what price shareholders would expect that a credit raising can be achieved. Last quarter they burnt through $50m of cash, they likely need a quarter or two at least, so IMO the approx size of the raise should be at least $100m (which is 1/3rd of the current market cap).
Please vote for one of the following:
1. Above 20c
2. 15-20c
3. 10-15c
4. 5-10c
5. Sub 5c
credit raising price poll
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Last
$6.57 |
Change
0.060(0.92%) |
Mkt cap ! $6.113B | |||
| Open | High | Low | Value | Volume |
| $6.51 | $6.59 | $6.49 | $2.224M | 341.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 4918 | $6.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.57 | 8155 | 21 |
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| Last trade - 11.27am 05/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |