Relocating the plant will not increase the share price, it would decrease it as that would mean a capital raising and funding issues. Relocating now is crazy talk, you can't just pack up a rare earths refinery.
This will clear up in a week and we should see the SP back up towards $1, then with the first feed looking at above $1.50.
I have been a long time reader, first time poster, it has been a frustrating 9 months holding this stock, I feel sorry for all holders who have been in this a lot longer. Look to the future!
relocation of plant, page-28
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Last
$6.29 |
Change
-0.120(1.87%) |
Mkt cap ! $5.991B | |||
| Open | High | Low | Value | Volume |
| $6.31 | $6.34 | $6.27 | $1.091M | 173.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 13410 | $6.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.30 | 23873 | 25 |
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| Last trade - 10.27am 10/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |