Go Japan! Japan is a great partner; the best! Lynas and its investors have Japan to thank for their great outlook. Basically I entered when Japan signaled that they were fully committed and it has been a solid investment since.
Every investor who hears about rare earths today might easily find themselves looking at REMX ETF (note the HUGE increase in REMX trading volume, sustained for trailing 18 months) and then at REMX holdings where they find there's only one outside of China (Lynas) producing rare earths. And as REMX falls far short these days of being a pure play on rare earths, maybe they take a closer look at Lynas (LYSDY or LYSCF).
Bottom Line: Lynas is going to continue drawing looks, garnering new investors, increasing volumes, strengthening hands. The upside is hard to predict as announcements (if any, Lynas IR being what it has been) get published re' growth potential KAL MAL and beyond; the scale they think in and the deposit they own are in sync.
Still thinking ~$23 by EOY 2023.
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Last
$7.88 |
Change
-0.210(2.60%) |
Mkt cap ! $7.365B |
Open | High | Low | Value | Volume |
$8.03 | $8.03 | $7.84 | $18.89M | 2.393M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2122 | $7.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.89 | 19791 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2122 | 7.880 |
2 | 11390 | 7.860 |
4 | 4872 | 7.850 |
1 | 500 | 7.840 |
2 | 27788 | 7.830 |
Price($) | Vol. | No. |
---|---|---|
7.890 | 19791 | 5 |
7.900 | 10489 | 2 |
7.910 | 10000 | 1 |
7.920 | 10358 | 1 |
7.930 | 10358 | 1 |
Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
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