That is really unfortunate, but in my opinion, tomorrow the hype will die down, LYC won't open as high as LYSCF. With the current RE basket price AND 2013 Q1 production of 11,000 tonnes, the share price is estimated at $3.54.
Again IMO, anything under $1 is still a buy, lowest you can go is 50c, highest you can go is $4, reward ratio is 4:1.
TOL had been and always been ready, Hotcopper has a lot of people on the inside loop. It was ready.
People just wasn't sure it is going to dished out in 24 hours, or 24 months.
That is really unfortunate, but in my opinion, tomorrow the hype...
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Last
$6.34 |
Change
0.210(3.43%) |
Mkt cap ! $5.926B | |||
| Open | High | Low | Value | Volume |
| $6.23 | $6.37 | $6.20 | $16.32M | 2.584M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 10131 | $6.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.34 | 65301 | 3 |
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| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |