For once can we just all agree that expectations are far too ahead of themselves. Therefore rather than sit in hope that these expectations will be met, can we agree that they will not (inline with the last 10 major events for the stock) and come to market with a capital raising to protect existing investors.
If instead management wait for the stock to grind into the 20's on poor newsflow and then conduct a big capital raising it will wipe out existing equity investors.
Better to raise equity capital when you can and not when you have to.
For once can we just all agree that expectations are far too...
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Last
$6.17 |
Change
0.010(0.16%) |
Mkt cap ! $5.767B | |||
| Open | High | Low | Value | Volume |
| $6.18 | $6.22 | $6.14 | $10.91M | 1.767M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12550 | $6.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.18 | 124 | 1 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |