simple analysis.
look folks. people out there know about rare earth prices.
they all know its low and has been falling.
lets analyse this. simple and straightforward.
BEFORE GE13...
SP falls ever so easily even with good news.
AFTER GE13...
SP rises so strongly now with shorters backing away.
SIMILARITY...
REE earth price is low and falling.
DIFFERENCE...
GE13.
CONCLUSION ...
sovereign risk was the main reason for the low SP.
keep in mind the COP is $ 14 to $ 15. So even at $ 20 we can survive.
basket price falling read this, page-25
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Last
$7.14 |
Change
-0.200(2.72%) |
Mkt cap ! $6.673B | |||
| Open | High | Low | Value | Volume |
| $7.34 | $7.34 | $7.13 | $39.28M | 5.467M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1546 | $7.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.15 | 72361 | 6 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |