arafua, just check the pricing on lynas' website - 2011 the ratio was 2.7 now 1.7 - that's not narrowing? Would seem to me the market is already pricing in more supply.
new lynas basket price from today, page-10
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Last
$6.79 |
Change
0.050(0.74%) |
Mkt cap ! $6.346B | |||
| Open | High | Low | Value | Volume |
| $6.70 | $6.82 | $6.68 | $4.749M | 702.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 13964 | $6.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.79 | 6866 | 27 |
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| Last trade - 12.52pm 18/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |