I can't see another equity raising getting of the ground. The most likely solution is a new loan / refinancing. If so, I would expect they would be on the case already and it should materialise quickly. IMO it now makes it increasingly likely that a buyer may step in at a knock down price. And given the "going concern" status, I see no ability for a government block on any particular country.
here is the i told you so, page-8
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Last
$6.17 |
Change
0.005(0.08%) |
Mkt cap ! $5.785B | |||
| Open | High | Low | Value | Volume |
| $6.18 | $6.22 | $6.16 | $2.188M | 353.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 5450 | $6.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.17 | 11716 | 15 |
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| LYC (ASX) Chart |