Yes indeed, they have one hell of a deal.
Could end up with close to a controlling stake. Board membership soon for these guys if there is a CR at anywhere close to current prices.
However there appears to be only 2 or 3 of us that are concerned about this mob. The documentation for the loan is very complex and in general LYC state in their reports that 'the customary conditions are in place' - sounds so normal when reading ti quickly.
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Last
$9.90 |
Change
0.180(1.85%) |
Mkt cap ! $9.092B | |||
| Open | High | Low | Value | Volume |
| $9.75 | $9.99 | $9.71 | $16.34M | 1.736M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 6537 | $9.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.91 | 1479 | 4 |
View Market Depth
| Last trade - 10.26am 18/07/2025 (20 minute delay) ? |
| LYC (ASX) Chart |