I'm possibly the worst short term trader in history which is why i wont play the shorterm shareprice game, although i think you are quite correct regards selling for a quick profit.
I would imagine that is exactly what the underwriters are after, although i am not one and don't know any so i can only guess their expectations.
Either way i'm not worried about sellers or shorters or whatever, all just adds up to a functioning market and as long as LYC can get it's poopy togetherit will launch the shareprice higher at some point, if the poopy stays like it is/has been then bye bye LYC and my capital in it.
just curious, page-46
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 (20min delay)
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Last
$8.02 |
Change
0.260(3.35%) |
Mkt cap ! $7.496B | |||
| Open | High | Low | Value | Volume |
| $7.75 | $8.02 | $7.75 | $43.38M | 5.448M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $7.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.02 | 500 | 1 |
View Market Depth
| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |