I guess , Market may correct in short term but still if it does not go down 30% for individual account and 10% for super account , does it worth it with tax reduction from it . ? That's one has to put it into account. Tesla PE is over 300 and LYC 's PE 49 for today is a good comparison. Lyc will have higher Ndpr price over next six months plus it has far more capacity to produce if it can carry over as it runs only 75% rate due to covid. Many plus side . So, dont care of a bit of market correction.
I guess , Market may correct in short term but still if it does...
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Last
$6.74 |
Change
-0.140(2.03%) |
Mkt cap ! $6.300B | |||
| Open | High | Low | Value | Volume |
| $6.75 | $6.83 | $6.72 | $13.84M | 2.049M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4099 | $6.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.77 | 3692 | 5 |
View Market Depth
| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |