I don t think that it will make a big difference if announcement is made early or delayed.
Work to have the project completed continues as scheduled. Highly unlikely that the project would come to a dead end. Saint Nic and s holders would not like to see any harm to Malaysians . LYC is there for many years to come .So important to get it right in the first place.
LYC remains the number one outside China.
I think the daily SP for traders would be influenced more by the overall stock market and economy /recovery in the short run.
As investor, who don`t plan to sell soon should not make a difference .Market value may change ,quantity held remains same ,till i see the substantial s holders dumping their load.And, that does not include the morgans.
LYC Price at posting:
$2.04 Sentiment: Hold Disclosure: Held
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