That is true. I should have been clearer on the basket price and the average selling price. Their average selling price has been lower than their basket price.
At the end of the day it's their average selling price which matters, and you can see that Lynas is not selling everything it produces.
Lynas cannot continue to operate at its current average selling prices without asking shareholders and potential investors for more money.
jokes apart - my theory, page-36
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Last
$6.10 |
Change
-0.160(2.56%) |
Mkt cap ! $5.701B | |||
| Open | High | Low | Value | Volume |
| $6.14 | $6.16 | $6.02 | $31.69M | 5.119M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23252 | $6.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.10 | 23221 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |