Saw this story today - https://www.watoday.com.au/business/companies/critical-minerals-focus-investor-attention-on-lynas-buyout-20230808-p5dutp.html
Made me think... what price would SH's consider to be "reasonable price" should a suitor get serious?
Personally, i'd want a price well north of $20 to even allow them into the lobby. Given the possibilities of our products, the long term customers and the long mine life - as well as the IP that LYC has developed and is surely worth a motza to smaller RE producers - we should be expecting significant price improvements in the medium term.
My personal "ego target" is $25, but I would be interested in most opinions on this board, so have at it guys and girls...
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Last
$6.25 |
Change
0.080(1.30%) |
Mkt cap ! $5.841B |
Open | High | Low | Value | Volume |
$6.25 | $6.26 | $6.17 | $15.83M | 2.513M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 18985 | $6.22 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.25 | 53073 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 81 | 6.180 |
2 | 12000 | 6.160 |
3 | 15000 | 6.150 |
1 | 1000 | 6.140 |
3 | 5534 | 6.100 |
Price($) | Vol. | No. |
---|---|---|
6.250 | 43756 | 3 |
6.260 | 1545 | 2 |
6.280 | 3279 | 1 |
6.290 | 27747 | 5 |
6.300 | 17068 | 11 |
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