My guess is 12c, however, I am not sure that this company will still be around in 12 months.
The cash burn rate is too high, sales too low, and not growing quickly enough. Sorry, but I can't see it surviving. Happy to be proved wrong. Have owned in the past, sold out at 40c late 2013 at a loss. Been sitting on the sidelines since but am now avoiding. It is a risk management decision. No, I am not a shorter, just see better options elsewhere.
My guess is 12c, however, I am not sure that this company will...
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Last
$6.05 |
Change
-0.010(0.17%) |
Mkt cap ! $5.655B | |||
| Open | High | Low | Value | Volume |
| $6.00 | $6.10 | $5.97 | $26.46M | 4.378M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 849 | $6.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.07 | 10260 | 1 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |