LYC is a extremely volatile stock. Hedge fund activities dominate the share price movement. In good time, it skyrocketing in no time, in bad time (when the hedge fund manager need cash fast), it drops like a stone.
The latest ann implied hedge fund is determined to keep LYC below $1.20. ($1.55 top conversion price translate into $1.2 for 30% premium)
I would like to see if my guess is right.
lyc big seller must soon be out, page-3
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Last
$6.22 |
Change
0.070(1.14%) |
Mkt cap ! $5.813B | |||
| Open | High | Low | Value | Volume |
| $6.21 | $6.22 | $6.07 | $13.54M | 2.193M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12000 | $6.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.22 | 12273 | 2 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |