It is not PR wish it was it is easier to fix than the actual problem. Revenues in Q3 of 2022 were Au$327M Q1 2024 they were 128M a 60 % drop. That has much more to do with SP decline than any PR. JMO revenue will be well under 100M Q2 2024 probably about 80 M.
profits in H2 2022 were 601M - H1 157M so for H2 they were 444M. For H1 2024 they will be less than 20M more likely 0~10 M. If you cannot figure out this is why SP is dropping then BOL with your investing. How does buying land in Texas change the rapidly declining Revenue and Profits over last 2 years.
See aboveSee aboveWhy is it below where it should be. JMO it is about 40% higher than it should be after Q2 and SAR report come out. Simple reason Revenue will be well below 100M and profits near Zero. Now unless you think a company with 21 months of declining Revenue and profits can support a PE of 40 The stock will go down severely.What volume increase? Even AL said they are still just barley over name plate in AGM. Do you ever check before you say things? Here is a chart showing volume you can check all the data points in Q reports.
- Forums
- ASX - By Stock
- Stock price
What volume increase? Even AL said they are still just barley...
- There are more pages in this discussion • 355 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
|
|||||
Last
$6.12 |
Change
0.000(0.00%) |
Mkt cap ! $5.720B |
Open | High | Low | Value | Volume |
$6.12 | $6.13 | $6.11 | $1.066M | 174.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 2290 | $6.11 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.12 | 3784 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2256 | 6.730 |
1 | 670 | 6.590 |
1 | 4703 | 6.430 |
8 | 14975 | 6.420 |
1 | 1587 | 6.400 |
Price($) | Vol. | No. |
---|---|---|
5.820 | 3946 | 8 |
5.830 | 400 | 1 |
5.860 | 3 | 2 |
5.890 | 10296 | 3 |
5.920 | 8406 | 3 |
Last trade - 10.07am 18/06/2024 (20 minute delay) ? |
|
|||||
Last
$6.09 |
  |
Change
0.000 ( 0.24 %) |
|||
Open | High | Low | Volume | ||
$6.12 | $6.13 | $6.08 | 49168 | ||
Last updated 10.26am 18/06/2024 ? |
Featured News
LYC (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online