I sincerely hope shareholders do recoup some of their hard earned....truly I do.
I think we should all consider the very real possibility that the SPP will fall short. I actually believe it's a monty it will. So what happens next?
We have an underwriter overhang from an underwriter whose balance sheet will not be able to handle having LYC on its books. Result will be further selling pressure which the shorters will lap up.
Lionhearted, no broker in their right mind would release a research note on this stock at present.....except the broker who underwrote the deal that is. They too may be in a whole world of pain soon.
I sincerely hope shareholders do recoup some of their hard...
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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 |