What you fail to point out is that the people who became rich with FMG bought it when it was very very cheap, and the SP went up 1000-fold. LYC currently has a MC of $2.7 billion. If it went up 1000-fold it would have a MC of $2.7 trillion, twice the size of the entire Australian economy! If you buy now and are fortunate, you may increase your money 10-fold over the next few years, but not 1000-fold.
What you fail to point out is that the people who became rich...
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Last
$5.93 |
Change
-0.020(0.34%) |
Mkt cap ! $5.542B | |||
| Open | High | Low | Value | Volume |
| $6.04 | $6.04 | $5.93 | $23.75M | 3.975M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 128544 | $5.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.95 | 12481 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LYC (ASX) Chart |