hard to tell what is going to happen in these times. Trading is all about probabilities, you get some right and some wrong. Hopefully the rights outweigh the wrongs. Not long ago I took all my money out of ARU and put it into LYC! For what I thought were very sound fundamental reasons, posted them on LYC and ARU thread. How good do i look?
For Rags going on about I am right and everyone else is wrong sounds a bit too arrogrant and a boastful school yard mentality when so many are losing a lot in this crisis. I am a great believer in 'what goes around comes around'.
The Daily Reckoning tiped LYC as a star performer for 2009 and has commented on the trading suspenion. The DR wasn't all doom but who knows? LYC has quite a few instos on the register who wouldn't want to see the value of their holdings decrease so maybe some of these can be used for leverage. My view is that LYC will survive but perhaps in a diluted state and reward holders albeit less than hoped for.
no news is good news, page-11
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Last
$6.74 |
Change
-0.080(1.17%) |
Mkt cap ! $6.300B | |||
| Open | High | Low | Value | Volume |
| $6.83 | $6.85 | $6.67 | $15.08M | 2.242M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 70897 | $6.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.75 | 3296 | 2 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |