LYC 0.87% $8.09 lynas rare earths limited

todays chart, page-277

  1. 19,587 Posts.
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    "whole ballgame is something that is beyond LYC's control"

    Lynas is only just starting to get control of the "ballgame", on so many different levels, the leverage to the recovery cycle is extraordinary.

    MtK/F own half the company, known known.

    Hardly takes a rocket scientist to figure how they can cash out, particularly as we've just witnessed distribution 1.01 for a tiny amount.

    Lynas business needs to be a "saleable" investment to large institutions, or MtK/F are stuck with the rest of us.

    Really not sure how often that needs to be "discussed", certainly conspiracy theory adds nothing but confusion.

    Ask yourself two Q:

    Are institutions going to buy into a "capped" SP, a static company going nowhere?

    Are ANY of the wannabes with their sniggering SH's and tiny mkt caps going to realise ANYTHING without taking on massive debt & dilution relative to current values, if they can get financing at all? And even if they do NONE will produce anything of consequence this decade, the sweet spot in the recovery cycle.
 
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Last
$8.09
Change
0.070(0.87%)
Mkt cap ! $7.561B
Open High Low Value Volume
$8.15 $8.27 $8.08 $35.31M 4.353M

Buyers (Bids)

No. Vol. Price($)
2 7192 $8.08
 

Sellers (Offers)

Price($) Vol. No.
$8.10 4833 2
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
LYC (ASX) Chart
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