What is anyone's view on the short and mid term pricing of LYC now we are looking at a whole new scenario.
With the CNMC deal (which I'm happy was rejected) I had anticipated the share price to go up to $1.20 short term and wasn't sure how the SP would go after that.
With the possible JP Morgan capital raising, I wonder how the market will react? I believe the SP will possibly drop short term but I wonder how the 2 scenarios (CNMC vs JP Morgan) would have/will played/play out over the next 6-12 months??
Just pondering :)
lynas in todays afr...capital raising , page-36
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Last
$6.11 |
Change
-0.180(2.86%) |
Mkt cap ! $5.711B | |||
| Open | High | Low | Value | Volume |
| $6.12 | $6.15 | $6.07 | $17.65M | 2.889M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 26354 | $6.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.15 | 3758 | 2 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |