The other thing I haven't heard much about is LYC as a take over target. The big miners are flushed with cash, If shareprice drops anywhere near what some of the bears talk about there will be serious interest well before then.
That said, I doubt this will happen, the market prices the future. LYC revenue is increasing at such a rate that I bet we hit traditional historical valuation from revenue rises opposed to a global black swan event.
NdPR price, page-599
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Last
$6.94 |
Change
0.070(1.02%) |
Mkt cap ! $6.486B | |||
| Open | High | Low | Value | Volume |
| $6.94 | $7.04 | $6.88 | $23.17M | 3.335M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $6.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.97 | 13052 | 3 |
View Market Depth
| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |