The trading yesterday had more buyers than sellers, i.e. ppl know that at these prices LYC is a bargain.
The nervous nellies may sell, but investors are buying - probably because they understand that sooner or later the needed funding will appear and probably on reasonable terms given that LYC did not just give in to bondholder "demands", IMO.
yesterdays trading, page-2
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 (20min delay)
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Last
$8.09 |
Change
0.070(0.87%) |
Mkt cap ! $7.561B | |||
| Open | High | Low | Value | Volume |
| $8.15 | $8.27 | $8.08 | $35.31M | 4.353M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7192 | $8.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.10 | 4833 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |