I agree GAPS, the basket price is the reflection of REE prices, it should be of concern if there is no price recovery or stability.
Ask yourself why would Lynas remove the basket price from the website?
This current rally will be tested shortly.
Of course me saying this will have posters here accusing me of shorting the stock (which I never have done).
The recovery of REE prices is what is required to give the SP a solid foundation.
basket price falling read this, page-11
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Last
$6.25 |
Change
0.080(1.30%) |
Mkt cap ! $5.841B | |||
| Open | High | Low | Value | Volume |
| $6.25 | $6.26 | $6.17 | $15.83M | 2.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 18985 | $6.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.25 | 53073 | 5 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |