No way I believe it till I see it. Whatever is keeping Lynas down will probably keep it down below $2. Nothing short of starting production or a massive 1kiloton block find of Europium would do that it seems.
Just last week Nick talked about 800-900 million revenues. At current prices we are talking en extra 200million for a company with a 2.3b cap. Result: share price hardly moves...
There must be something crazy going on and all this positive news must have built a ridiculous amount of pressure below this stock. Until then... blehhh
$2.00 today, page-16
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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 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |