The underwriting arbitrage selling of LYC will start on May 20, and be spread over 5 days (the last 2 days the biggest volume - as pricing of SPP will be known - and deliver a guaranteed 17.5% profit)
Not bad for a couple of days work.
Those considering buying should possibly be waiting for those last 2 days.
time for sp recovery, page-5
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Last
$6.01 |
Change
-0.015(0.25%) |
Mkt cap ! $5.598B | |||
| Open | High | Low | Value | Volume |
| $5.80 | $6.04 | $5.76 | $33.29M | 5.633M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 44 | 52152 | $6.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.01 | 39762 | 45 |
View Market Depth
| Last trade - 14.40pm 24/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |