Sorry you lost out Arafura but I have to say: another weak holder bites the dust.
Yes projected profit this year is, essentially, break even. Every other producer in this space seems to be losing a heap so what do you expect??
I see it as good news (for holders) that Lynas can break even when the whole sector is hemorrhaging. A turnaround (and I see it as inevitable) will see Lynas as the ex-China (or world) leader in this space.
Sorry you'll miss it.
Best of luck with other investments.
lynas sees good returns from gebeng plant, page-86
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Last
$7.67 |
Change
-0.020(0.26%) |
Mkt cap ! $7.169B | |||
| Open | High | Low | Value | Volume |
| $7.72 | $7.94 | $7.50 | $23.53M | 3.062M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $7.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.68 | 16724 | 2 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |