Hope you're right!
The problem is Lynas is not mining coal, iron ore or (dare I say it) uranium. Its product is unavailable outside China, is in heavy demand and there will be no realistic competitor for some time. One year's income at 3 billion dollars equals the current value of the company. All the hard work has been done. Why wouldn't a company like BHP seriously consider a takeover? They could write out the cheque without even speaking to their bankers.
Unfortunately, I may be right.
- Forums
- ASX - By Stock
- LYC
- dangerous territory
dangerous territory, page-3
-
- There are more pages in this discussion • 50 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
Add LYC (ASX) to my watchlist
|
|||||
Last
$6.08 |
Change
-0.210(3.34%) |
Mkt cap ! $5.729B |
Open | High | Low | Value | Volume |
$6.12 | $6.15 | $6.08 | $8.328M | 1.361M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 21056 | $6.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.09 | 30135 | 44 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 16386 | 6.100 |
22 | 49183 | 6.090 |
19 | 54942 | 6.080 |
12 | 108956 | 6.070 |
11 | 15365 | 6.060 |
Price($) | Vol. | No. |
---|---|---|
6.110 | 22339 | 39 |
6.120 | 20151 | 23 |
6.130 | 31167 | 19 |
6.140 | 40484 | 15 |
6.150 | 23810 | 12 |
Last trade - 12.47pm 02/08/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |