I sold out today at the $1.980 close. Not sure if it was the wise thing to do. I am more concerned with more downside potential. If global markets continue their trends LYC will suffer as well in the short term.
I will buy back once the technicals improve and there is a clear uptrend. I seriously doubt LYC will reach $4.00 on this announcement during the halt. I am guessing it might go up 3% to 10% on good news. Another 3% to 5% rise may happen on the resumption of trading in the 1st hour or so.
Good luck all
trading halt expected, page-23
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Last
$6.11 |
Change
-0.180(2.86%) |
Mkt cap ! $5.692B | |||
| Open | High | Low | Value | Volume |
| $6.12 | $6.15 | $6.07 | $11.91M | 1.949M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 7624 | $6.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.12 | 43114 | 66 |
View Market Depth
| Last trade - 15.40pm 02/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |