Now LYC has broke through 17c, there'll be no doomsday = we'll see the fear evaporate.
MtK will not flood the market with converted shares because it knows RE demand and prices are rising very sustainably, LYC is the global leader in a hot industry and MtK has a magical position.
LYC's MCAP should be double, and that's just the starting point.
LYC has the proven expertise to deliver top quality product competitively, without wrecking the health of it's workers, the community, the environment. LYC's future is even bigger than Mt Weld.
MtK thus far has been very smart, I do not think they will sudden turn into total morons. They will look after their golden goose.
MtK Fear is an Illusion
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Last
$6.13 |
Change
-0.030(0.49%) |
Mkt cap ! $5.729B | |||
| Open | High | Low | Value | Volume |
| $6.16 | $6.20 | $6.10 | $18.66M | 3.037M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16114 | $6.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.14 | 24774 | 3 |
View Market Depth
| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |