Warhorse keep shorting Lyc that would be great.
IMHO the fundamentals for Lyc are favourable, with more upside then down side.
Once Lyc turns around we can thank the shorters and pessimists for creating the opportunity for us LT to top up at these low prices.
I am also a LT holder of ARI(previously OST)been shorted all the way down to $0.50 on negative talk,topped up in the sixty and seventy cents,look where they are now.
Food for thoughts,it was only a short time ago that insto's were prepared to pay $0.75 for LYC,obviously they must have thought it was good value at $0.75 or $150 Mil.I don't want to say they are always right but to invest that much money,they must have done a proper research.Therefore I would think Lyc at current price is a better LT buy then which has become a risky short.
Warhorse keep shorting Lyc that would be great.IMHO the...
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Last
$6.05 |
Change
-0.010(0.17%) |
Mkt cap ! $5.655B | |||
| Open | High | Low | Value | Volume |
| $6.00 | $6.10 | $5.97 | $26.46M | 4.378M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 849 | $6.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.07 | 10260 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |