Lynas could have re phrased the ann to read
"Lynas is happy to announce the sale of such and such of (the
More expensive oxides which are in demand) and we have
Cut down on costs by restructuring the business model and operations to benefit our company and our LT share holders.
The market wants to hear ann in positive language even if ut is bad news
It is how the market perceives lynas profit capabilty
Another day of down trend that does not seem to end
News: Lynas to cut costs , page-52
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Last
$6.40 |
Change
0.000(0.00%) |
Mkt cap ! $5.982B | |||
| Open | High | Low | Value | Volume |
| $6.47 | $6.48 | $6.34 | $20.28M | 3.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12848 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 17965 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |