Because none of the buying has been real (show me one institution adding to their position), again all of the turnover has been retail dominated (even more than usual) and there are $150m shares @ 75c that likely need to be sold. Add to that ongoing declines in the basket price and it is actually surprising the shares are not even lower.
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Last
$8.34 |
Change
-0.050(0.60%) |
Mkt cap ! $7.792B | |||
| Open | High | Low | Value | Volume |
| $8.28 | $8.38 | $8.22 | $19.45M | 2.338M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 15461 | $8.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.34 | 29887 | 65 |
View Market Depth
| Last trade - 14.47pm 02/07/2025 (20 minute delay) ? |
| LYC (ASX) Chart |