Very interesting, the last time they did a raise like this and the price fell, they issued 200 million shares, for the next 4 days the price fell and the volume was approx 200 million shares over those 4 days. Pretty much what was issued.
The first day of trading after the TH they traded 36 million shares or 24% of the issued shares.
Weve now an hour and a half to go today and have traded 48 million shares. Having raised 370 million can we expect the volatility to continue for the next few days like last time???
48 million shares is 13% of 370 million so can we expect fire works in the close??
Can we expect another 40 million to trade in the last 90 mins???
DYOR
last time lyc had insto bookbuild trading halt, page-28
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Last
$6.40 |
Change
0.000(0.00%) |
Mkt cap ! $5.982B | |||
| Open | High | Low | Value | Volume |
| $6.47 | $6.48 | $6.34 | $20.28M | 3.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12848 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 17965 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |