Agreed some posts have been biased for LYC, but putting these aside & looking at what is to be achieved then it's pretty straight forward. Full approval = processing of in demand commodities in a safe way, sales orders taken for the foreseeable future, relatively competent management ( compared to many many ASX co's), supply of raw material is not reliant on a third party. Where is the downside? Compare it to heaps of ASX companies & it is one of a very few upstarts that are ready to dig it up, process and sell at decent prices. Look at daily traded totals and ASX published daily totals of shorted stock as a % ( not total shares on issue but daily traded) and is quite a decent chunk of the total. Shorters watch out for the backspin on LYC yo-yo it is going to smack you in the eye if your not careful.
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Last
$6.30 |
Change
0.050(0.80%) |
Mkt cap ! $5.888B |
Open | High | Low | Value | Volume |
$6.25 | $6.37 | $6.18 | $15.59M | 2.482M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 45099 | $6.29 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.31 | 9075 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 45099 | 6.290 |
3 | 24269 | 6.280 |
3 | 16007 | 6.270 |
2 | 33458 | 6.260 |
3 | 17171 | 6.250 |
Price($) | Vol. | No. |
---|---|---|
6.310 | 9075 | 1 |
6.320 | 21007 | 4 |
6.330 | 12417 | 1 |
6.340 | 12417 | 1 |
6.350 | 4650 | 2 |
Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
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LYC (ASX) Chart |