We could pay off our entire debt if we so wish, but being debt free isn't really a necessary goal for a growing company. But we could. So my take on this (speculation), is that our Japanese creditors would agree to a change in current agreement allowing LYC to pay divies.
We are midst a big transition though, so I don't think it will happen until Kal is safely up and running. My guess it will come up the agenda come 2023 if everything goes well.
We could pay off our entire debt if we so wish, but being debt...
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Last
$6.15 |
Change
0.100(1.65%) |
Mkt cap ! $5.748B | |||
| Open | High | Low | Value | Volume |
| $6.18 | $6.37 | $6.08 | $26.63M | 4.279M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17840 | $6.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.17 | 8880 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |