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$6.66 lynas rare earths limited

Thanks. China and USA rare earth stock looks stronger, MP,ARR

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Arthur2012

125 Posts.

21

10/04/24

09:34

Post #: 73270364
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Originally posted by ContraryJ: ↑

Thanks. Had not seen NAN before. in US it is NA. I think something funny happened Monday. Some of this has been given back today, Tuesday, it should be interesting to see prices in a few weeks.
It should be a bottom but I said that when NdPrO paused at 400 ~ 450 RMB KG WV for 5 Dec 12th - Feb 9 2024. You need a bottom before you can go up. I calculate that they need 700~ 800 RMB For earnings to support a SP of AU$ 7.00 at a PE of 20. So a bottom is important but need to see a steep climb to know these low prices are over. The 5% to 10% price rises on Monday were a very steep climb. Right now it does not look like they are holding.
Time will tell and patience will be rewarded.

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Thanks. China and USA rare earth stock looks stronger, MP,ARR

LYC Price at posting: $5.96 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $6.66		Change 0.030(0.45%)		Mkt cap ! $6.225B

Open	High	Low	Value	Volume
$6.65	$6.69	$6.60	$20.72M	3.111M

Buyers (Bids)

No.	Vol.	Price($)
1	7060	$6.66

Sellers (Offers)

Price($)	Vol.	No.
$6.67	15123	2

View Market Depth

No.	Vol.	Price($)
1	7060	6.660
4	16208	6.650
2	35170	6.640
2	22122	6.630
2	3800	6.620

Price($)	Vol.	No.
6.680	9685	2
6.690	10464	3
6.700	25777	8
6.710	14081	2
6.720	16341	3

Last trade - 16.10pm 07/06/2024 (20 minute delay)


Last $6.67			Change 0.030 ( 0.27 %)
Open	High		Low	Volume
$6.64	$6.69		$6.61	979499
Last updated 15.59pm 07/06/2024 ?

LYC (ASX) Chart