^
if your not nervous your not human rorkes. Reality is if your loosing sleep, you may have too muhc invested in lyc. Fundamentally speaking this is a very good stock, technically it shot to pieces which gives a lot of signals to short.
Now worst that can happen the start of production in malaysia gets delayed for about a year this stock drops perhaps 50% but very very likely you'll be back in the money + profit when production comes online imo.
I doubt the denial of a licence will have malaysia scrap the plant because any country would want to give up a production facility capable of generating approx 8billion malaysian bux a year. Just ludicrous to think that a very small minority with unfounded opinions can sway the Malaysian Gov.
End of the day regardless of how unpopular malaysian gov thinks something is, so long as they make worthwhile $, they'll do it. Just recently they just passed a very unpopular policy that increases electricity substantially for everyone in malaysia i believe as an example.
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Last
$7.02 |
Change
0.000(0.00%) |
Mkt cap ! $6.561B |
Open | High | Low | Value | Volume |
0.0¢ | $7.09 | $6.86 | $415.7K | 64.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 7589 | $7.37 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.67 | 1159 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 7629 | 7.370 |
4 | 3594 | 7.350 |
7 | 6759 | 7.210 |
2 | 5015 | 7.200 |
1 | 15 | 7.140 |
Price($) | Vol. | No. |
---|---|---|
6.660 | 303 | 2 |
6.670 | 361 | 1 |
6.680 | 4300 | 1 |
6.710 | 15800 | 4 |
6.780 | 854 | 1 |
Last trade - 09.54am 30/08/2024 (20 minute delay) ? |
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LYC (ASX) Chart |
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