I have to agree with jd! One of the things everyone is down on the Chinese about is that it is a 'command' economy ie at the command of the govt. Australia has a mixed economy or free enterpise and it operates effectively like that. Neither Liberal or Labour govts would touch these sort of investments and nor should they.
I am really suprised tha BHP hasn't snapped up LYC. This exact question was asked of Nick Curtis at a AGM a few years ago and he said that BHP would not buy LYC he didn't give reasons but I would have thought being 'cashed up' after the failed RIO to LYC would have been a great acquistion for BHP.
i think it will end well.... eventually, page-5
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Last
$7.04 |
Change
-0.110(1.54%) |
Mkt cap ! $6.580B | |||
| Open | High | Low | Value | Volume |
| $7.14 | $7.14 | $6.93 | $27.05M | 3.859M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 153694 | $7.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.04 | 51746 | 5 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |