I don't pay much attention to the US markets for LYSCF & LYSDY for the following reasons:
1. Combined average trading volume for LYSCF & LYSDY combined is only about 300K, while Australian daily volume is over 1.7M. At the low US volume relatively small trades can influence the price. I own just over 33,000 shares of LYSCF & LYSDY, with our low trading I could drive the price down if I decided to sell all my holdings at once; while acknowledging that I am but a little sh*t in the shareholder world of Lynas
2. When LYSCF & LYSDY deviates materially from the Australian markets, it's most always because of overall activity in the US market rather than anything specific to Lynas. On rare circumstances, it might results from news released after the Australian markets have closed.
3. There is very little news about Lynas from traditional US sources. I felt very much in the dark about Lynas until I discovered Hot Copper. I'm glad I met all of you.
US not happy with Lynas., page-3
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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 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |