The JPM analyst who downgraded MCP did so based on the assumption that there has been some big crash in global ree prices. THAT IS NOT THE CASE! Prices have come down marginally but there has been no crash, just as the Molycorp CEO pointed out on the US business channel's (CNBC) "Fast Money" show. There was some speculation in China last month but he said that had passed--he cited his time in China last week talking to industry and gov't as his source. Amazing that one ill-informed JPM analcyst could do so much damage. Must be that JPM wants to pick up some ree share cheap. THE SYSTEM IS SO CORRUPT! I just hope these lower prices hold so I can load up with ALKEF in States tomorrow!!!!!!!!
incompetent analyst causes ree crash
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ALK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
50.0¢ |
Change
-0.025(4.76%) |
Mkt cap ! $301.7M | |||
| Open | High | Low | Value | Volume |
| 52.0¢ | 52.5¢ | 49.5¢ | $1.113M | 2.177M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 78014 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 904 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| ALK (ASX) Chart |