LYC 0.82% $6.05 lynas rare earths limited

the ss mitta, page-3

  1. 265 Posts.
    lightbulb Created with Sketch. 1
    With all due respect, i don't think you can call 3 days of green a "trend change"

    Its the middle of a cap raising, whereby prices can and will be manipulated, at least up until it closes today.

    The only way you will see a "trend change" is when the company is cash flow positive...ie they are making more then they are spending

    If you see that, then yes...it could well be game on...

    But all i've heard from the company so far is cash flow neutral..that's not positive

    At the end of the day even though the debts have been delayed, they still have to be paid,

    Worth bearing in mind,

    GLTA
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.05
Change
-0.050(0.82%)
Mkt cap ! $5.655B
Open High Low Value Volume
$6.03 $6.08 $6.03 $11.74M 1.942M

Buyers (Bids)

No. Vol. Price($)
2 44715 $6.05
 

Sellers (Offers)

Price($) Vol. No.
$6.06 5336 2
View Market Depth
Last trade - 16.10pm 22/07/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.