LYC 4.14% $7.04 lynas rare earths limited

is the downtrend broken?, page-8

  1. 1,055 Posts.
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    This is great, LYC has not gap up today...ooray or we will have a few posters here shouting that it needs to come back to close it. Steady, steady wins the race. LYC is getting a lot more attention with investors overseas as i have seen a few articles that are mentioning it as a stock to watch. It is only a matter of time before improving production numbers, reflect in the share price. In regards to a CR, LYC has better options than to dilute everyone at current prices e.g Presale forward some of the production for cash or just refinance the short term debt until they turn cashflow positive. I am sure the company knows this and any talk of raising capital at curren prices is just bs.

    GLTA.
 
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Last
$7.04
Change
0.280(4.14%)
Mkt cap ! $6.580B
Open High Low Value Volume
$6.66 $7.07 $6.66 $29.97M 4.291M

Buyers (Bids)

No. Vol. Price($)
1 35 $7.03
 

Sellers (Offers)

Price($) Vol. No.
$7.05 6000 1
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Last trade - 16.10pm 09/09/2024 (20 minute delay) ?
LYC (ASX) Chart
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