This is why I short LYC.
Key call outs:
1. How is this going to get out of the courts; and if it does
2. When will revenue happen
3. When will profit happen
Realistically the risk analysis has solid red Harvey balls over all items above.
The risk heat map is a bright red light.
A market cap of over $1,000,000,000 is insane.
realistic risk assessment...
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Add LYC (ASX) to my watchlist
 (20min delay)
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Last
$7.46 |
Change
-0.210(2.74%) |
Mkt cap ! $7.103B | |||
| Open | High | Low | Value | Volume |
| $7.59 | $7.65 | $7.46 | $4.057M | 537.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 19972 | $7.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.47 | 16711 | 48 |
View Market Depth
| Last trade - 13.05pm 09/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |