You’re obviously too smart for my dumb joke...
I was alluding to Keynes’ saying: Markets can stay irrational longer than you can remain solvent.
Maybe it has to do with lower perceived sovereign risk, or simply being in the US. Or buzz & hype. Or the market is still deciding what MP is worth. Or maybe the US govt funding is more important to MP materials than it is to Lynas - at least in the near term. All guesses..
Good news - pentagon resumes lynas contract, page-12
Add LYC (ASX) to my watchlist
 (20min delay)
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Last
$6.15 |
Change
-0.100(1.60%) |
Mkt cap ! $5.748B | |||
| Open | High | Low | Value | Volume |
| $6.23 | $6.24 | $6.13 | $18.60M | 3.011M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 21239 | $6.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.16 | 9771 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$6.16 |
Change
-0.100 ( 1.94 %) |
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| Open | High | Low | Volume | ||
| $6.24 | $6.24 | $6.13 | 894887 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| LYC (ASX) Chart |