Hi lambda,
CEOs will not phone you so you have phone them.
If you are not a major shareholder then you have to
use your pr skills to get the CEO's or the Chairmans
mobile #.
Also, professional insto mangers maintain confidences
and they don't jump on a blog site and relay the contents
of their conversations ( and sometimes with a spin) to all
and sundry.
For example, when LYC says that Ph 1 is sold, an astute
insto manager may ask when are payments due, in what amounts
and how much on the spot market vs how much on contract blended to endusers
requirements. This is simply qualifying the blanket statement that all Ph1
production is sold.
Furthermore, it would also be relevant if all Ph 1 production was sold wholesale to Soljitz or picemeal to end users.
All this info can position a major investor to tighten up their fundamental
analysis without the company giving specific figures and give them a good handle on cashflow to guesstimate whether a loan or a CR is necessary.
This kind of general info gathering together with snouts on the ground positions
the instos with better info than what whinging retail shareholders have.
I wouldn't recommend it, but a Machievellian insto might donate money
to SMSL in exchange for info on goods and personnel movement at the LAMP.
So in summary, there is little sense in whinging about the lack of info when
the plaintiffs do little to help themselves.
Cheers
Moorookamick
- Forums
- ASX - By Stock
- LYC
- mt weld concentration plant running at 100%
mt weld concentration plant running at 100%, page-22
-
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$7.70 |
Change
-0.070(0.90%) |
Mkt cap ! $7.197B |
Open | High | Low | Value | Volume |
$7.63 | $7.72 | $7.57 | $17.44M | 2.316M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 482 | $7.69 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.70 | 6582 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 7223 | 7.570 |
1 | 3000 | 7.560 |
1 | 3 | 7.550 |
2 | 3000 | 7.540 |
1 | 3000 | 7.530 |
Price($) | Vol. | No. |
---|---|---|
7.740 | 3000 | 1 |
7.770 | 1792 | 4 |
7.800 | 9312 | 4 |
7.810 | 400 | 1 |
7.850 | 1457 | 2 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |