notice is to 6 dec but judging by yesterdays very high vol and today i would not be surprised if ms is now down to 6%.
this means we are getting close to the end of the sell down.
there reasons fo selling are simple they have more than trippled their money in 5 months and are keen to book it and move on to the next quick 3 bagger. Thats what its all about for these guys.
the good news for lyc is that the stock has held up well and we can look forward to 2011 as the stock derisks as we move towards production.
the j p morgan derisked valuation on 50/kg assumption is $4.01 which might not be enough or quick enough for ms but it will do me.
good times ahead for all
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Last
$9.67 |
Change
1.380(16.7%) |
Mkt cap ! $9.045B | |||
| Open | High | Low | Value | Volume |
| $9.50 | $9.96 | $9.38 | $153.8M | 15.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 914 | $9.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.68 | 12000 | 2 |
View Market Depth
| Last trade - 16.10pm 11/07/2025 (20 minute delay) ? |
| LYC (ASX) Chart |