re: price next week - fridge I also don't like LYC's market cap and its balance sheet. Although its balance sheet shows around $10m in cash, it has as an off balance sheet item the fact the it owes $10m to Ashton Mining (?) I think this is for the original purchase of its areas. LYC's management are sound and do know how to do business with China though. The fact that JP Morgan has been buying is also a plus but for pure investment purposes I prefer ARU for the reasons so well articulated by some very knowledgeable posters here.
re: price next week - fridge I also don't like LYC's market cap...
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Last
16.3¢ |
Change
-0.003(1.52%) |
Mkt cap ! $389.8M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 16.0¢ | $205.2K | 1.278M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 665826 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 1745136 | 55 |
View Market Depth
| Last trade - 12.39pm 02/09/2024 (20 minute delay) ? |
| ARU (ASX) Chart |