Furniture,
In short no... But what we have to take into account is outside market forces... We all know mining sector is in the doghouse, everyone expert saying the mining boom is over, china's GDP will continue to slow therefore less demand for our resources.. Let's face our economy is not too flash at the moment... So even if LYC fundamentals improve and they become cash flow positive, there still could negative sentiment towards LYC because of the mining sector still being bearish... There is many good quality miners producing whatever commodity, but the sentiment is so bad most of these stock are htiing either 52 week lows or all times lows..
Those gaps will close when we get a clear trend reversal in LYC...
new support level at $0.37, page-17
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.35 |
Change
-0.050(0.78%) |
Mkt cap ! $5.935B | |||
| Open | High | Low | Value | Volume |
| $6.46 | $6.47 | $6.34 | $19.83M | 3.109M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11865 | $6.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.36 | 3637 | 1 |
View Market Depth
| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |