Cool, you can pay a sick premium on potential at $9 (>$8bn market cap).
Most people were buying the potential back when it was ~$2-$3
Fundamentally no way near enough has changed since ~$2-$3 range to justify the current valuation.
For LYC to have so many years advantage, that's great... But how do you have so much advantage that revenue and gross profit are so tiny?
Look at what you're getting and what you've got for an $8bn market cap.... Anything else is fantasy, hopes and dreams.
Are you aware that in 2018 LYC was on $90m revenues and $23m gross profit. Now look at the company... lol.
LYC: Insanely overvalued, page-11
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Last
$6.76 |
Change
0.020(0.30%) |
Mkt cap ! $6.318B | |||
| Open | High | Low | Value | Volume |
| $6.70 | $6.82 | $6.68 | $12.37M | 1.829M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4000 | $6.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.78 | 7217 | 2 |
View Market Depth
| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |