VRS wrote:
"once the ARU price hits sub-50c then they become a poss t/o target imho... "
Also Nightstalker wrote:
"then they may be one for the future - or for a takeover.... Not saying by Lynas, but stranger things have happened."
IMO, you guys are spot on... M&A will be the next hot issue discussed on this board, and Lynas with it's focus on mining and separating REEs as opposed to pursuing "vertical integration" has left this company debt free and with maybe a little cash on the balance sheet... Since Lynas is not levered like many of the juniors (or Moly), it will be able to make acquisitions with positive cash flow...
nick curtis on business channel right now!, page-6
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Last
$6.06 |
Change
0.040(0.66%) |
Mkt cap ! $5.664B | |||
| Open | High | Low | Value | Volume |
| $5.80 | $6.06 | $5.76 | $50.03M | 8.403M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3840 | $6.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.07 | 39097 | 4 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |