Moreover, a revenue miss of that proportion should have been pre-announced in a "profit warning". A few percent is one thing, but -30%-40% cannot be kept from investers. Besides Amanda has already confirmed that at 75% production, they were able to adjust operations, so that production was not falling. As I stated yesterday, supply issues are real, but dont seemingly affect LYC in a material way.
BTW, why does LYC use shipping containers. At the volume they are shipping, why not leace a dry bulk shipper. You know, the old full hold holding freighter still used for grains, soy, fertilizer, etc. Much cheaper and safer during this supply chain disruption.
GLTA
Jason
Moreover, a revenue miss of that proportion should have been...
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Last
$6.40 |
Change
0.170(2.73%) |
Mkt cap ! $5.982B | |||
| Open | High | Low | Value | Volume |
| $6.34 | $6.40 | $6.28 | $12.65M | 1.991M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15037 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 38814 | 10 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |