CCJ, any casual glance in the RE rear view should reveal two obvious truths:
1/ Pricing is highly cyclical in a very immature almost hand to mouth industry, wildly oscillating around economic value, driven largely by speculation both up and the down.
2/ Demand has continued to grow powerfully thru these pricing cycles.
Do you have any concept how this might play out as ex China influence brings greater maturity to mkt, RE pricing starts to behave more like other metals mkts?
Remembering Lynas enjoys a massive head start over every other ROW hopeful, hardly desperate as per your allusion, about as credible as MAGA propaganda the US economy is a disaster.
CCJ, any casual glance in the RE rear view should reveal two...
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Last
$6.71 |
Change
0.040(0.60%) |
Mkt cap ! $6.271B | |||
| Open | High | Low | Value | Volume |
| $6.69 | $6.72 | $6.62 | $22.41M | 3.351M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8031 | $6.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.72 | 16873 | 3 |
View Market Depth
| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Last
$6.70 |
Change
0.040 ( 0.66 %) |
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| Open | High | Low | Volume | ||
| $6.71 | $6.71 | $6.62 | 860270 | ||
| Last updated 15.59pm 27/05/2024 ? | |||||
| LYC (ASX) Chart |