imho
I think NC is living "happily ever after". More money than one needs.
In my view the LYC as a going concern is all about the total process.
Take away the LAMP and the high end markets (if they ever come back and I'm sure they will) and you're just a concentrates suppliers competing against China. The market price for concentrates will continue to be set by China. That will not change.
I think LYC is locked in to its ownership of Mt Weld and the LAMP for better or for worse. I can't see a split of assets being good for LYC or the Western World if China was the successful purchaser. That's why a good bidding war would eventuate. Maybe with national governments involved in backing any bids.
Funny thing is it could be sooner rather than later.
20c here we come, page-28
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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 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |