I agree but I would point out that LYC was induced to consider Malaysia and in particular Kuantan by senior members of the Malaysian government & the Ministry of Industry.
Cabinet would certainly have to be mindful on the impact of a negative decision on foreign investment. As well it could also create a precedent in relation to other foreign investments in their Kuantan petro chemical hub - old & new.
what actually happened today., page-18
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Last
$6.29 |
Change
0.005(0.08%) |
Mkt cap ! $5.870B | |||
| Open | High | Low | Value | Volume |
| $6.39 | $6.39 | $6.27 | $5.046M | 799.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 22637 | $6.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.29 | 15941 | 31 |
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| Last trade - 12.04pm 01/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |