Receipts from sales have increased from 6.9m in Dec qter to 21.9 in Mar qter (over 300%)
Outgoings for production and admin have increased from 37.8m in Dec qter to 46m in Mar qter (22%).
Now imagine cash on hand is not 23m, but 100m ( stab in the dark).
A bit like an Internet stock (twitter anyone?).
I think the trend (in production) is your friend and post the financing transaction, LYC SP will be higher.
K
Receipts from sales have increased from 6.9m in Dec qter to 21.9...
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Last
$6.91 |
Change
-0.035(0.50%) |
Mkt cap ! $6.458B | |||
| Open | High | Low | Value | Volume |
| $6.95 | $6.97 | $6.87 | $4.040M | 584.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 7014 | $6.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.91 | 3613 | 21 |
View Market Depth
| Last trade - 12.02pm 13/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |