Given that insto's did indeed pay 75c for a far larger chunk of LYC than will be available under the SPP and this is in effect "reverse dilution" i.e. the cash backing on the balance sheet has a positive effect vs the share price now well below 75cents then ---------
Who here thinks NC and LYC management actually did the best possible job for existing shareholders in getting the raising away within a very limited window. ?
I for one think that NC needs a round of applause for te equity / balance sheet management to date throughout this whole sorid process of having the business unduely politised. TU for NC and LYC management in balance sheet management. ( I am not commenting in this post on other aspects of the situation )
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Last
$5.91 |
Change
-0.200(3.27%) |
Mkt cap ! $5.524B |
Open | High | Low | Value | Volume |
$6.02 | $6.10 | $5.91 | $18.42M | 3.081M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 32084 | $5.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.92 | 4688 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 27084 | 5.900 |
7 | 44275 | 5.890 |
7 | 24306 | 5.880 |
4 | 13989 | 5.870 |
4 | 5650 | 5.850 |
Price($) | Vol. | No. |
---|---|---|
5.950 | 24125 | 2 |
5.960 | 9244 | 1 |
5.970 | 9244 | 1 |
5.980 | 9244 | 1 |
5.990 | 9244 | 1 |
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