It will be bad news for te Retail capital raising if the price drops too far below 0.75. Who would buy at 75 when they can get it off the market cheaper...
I do question - the common expectation that the price should sky rocket in the short term. There are still many things to happen. First feed of kiln, first cash income, court proceedings.
It should be considerably higher as those things play out but right now there are things to be done and they are getting done.
how low will she go. , page-2
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Last
$7.80 |
Change
-0.090(1.14%) |
Mkt cap ! $7.290B | |||
| Open | High | Low | Value | Volume |
| $7.85 | $7.94 | $7.77 | $14.33M | 1.828M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5039 | $7.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.81 | 6633 | 1 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |