If you think Lynas is a mining company you clearly do not understand what they do very well.
Sure they mine at mt Weld however the greatest value add is as a specialist chemical company producing high purity, high value chemicals and selling them into a global market where demand will likely exceed supply for a while to come.....
LYC makes perfect financial sense, page-52
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Last
$6.09 |
Change
-0.130(2.09%) |
Mkt cap ! $5.692B | |||
| Open | High | Low | Value | Volume |
| $6.12 | $6.21 | $6.09 | $15.72M | 2.568M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 52453 | $6.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.11 | 8000 | 1 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |