If you really believe as I do that this stock will be 40c in the not too far future why would you be concerned about free cash flow in one quarter that is on the cusp of better times?
Lag in price will probably mean that most sales this quarter would be based on prices well down on current, but as long as that is understood then the future is looking very bright. But... I would expect more free cash than last quarter, just not silly amounts like some are talking about.
Only traders should be worried, and quite frankly I hope they do sell and sell to long term holders that will bring gradual sustainable increase in sp rather than knee jerk reactions to daily news.
Rant over, and "I ain't selling"
Good luck to all
If you really believe as I do that this stock will be 40c in the...
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Last
$6.76 |
Change
0.020(0.30%) |
Mkt cap ! $6.318B | |||
| Open | High | Low | Value | Volume |
| $6.76 | $6.81 | $6.72 | $16.83M | 2.487M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9162 | $6.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.78 | 5455 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |