What is anyone's view on the short and mid term pricing of LYC now we are looking at a whole new scenario. With the CNMC deal (which I'm happy was rejected) I had anticipated the share price to go up to $1.20 short term and wasn't sure how the SP would go after that. With the possible JP Morgan capital raising, I wonder how the market will react? I believe the SP will possibly drop short term but I wonder how the 2 scenarios (CNMC vs JP Morgan) would have/will played/play out over the next 6-12 months?? Just pondering :)
LYC Price at posting:
67.5¢ Sentiment: Hold Disclosure: Held
