Crunching some figures all taken from LYNAS web site if wrong please feel free to update, as i see it though amidst all the lack of announcements etc Lynas will be very profitable, composition based on Q1/13 prices, just wait for whatever news is yet to come, if Lynas want to play the tortoise so be it hopefully it will push off all those in for a quick buck and establish long term shareholder wealth which is far better for them, if i was lynas i would make this stock as boring as bat(you know what)and get investors that are in for the long haul, which it seems to be what they are doing seeing the massive hype that has surrounded the SP.
IMO i cant see REE's dropping much further, i'm looking forward to some sideways movement in oxide prices if not starting to trend upwards slowly.
dollar vlaue of cld at 11000 tonne p/a
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Last
$6.11 |
Change
-0.180(2.86%) |
Mkt cap ! $5.711B | |||
| Open | High | Low | Value | Volume |
| $6.12 | $6.15 | $6.07 | $17.65M | 2.889M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 26354 | $6.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.15 | 3758 | 2 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |