At this point when inflation ends is very important to Lynas. There will be no price recovery for Lynas during recession. Just for an example there is more PM in total in an ice vehicles than EVS. 20 ICE vehicles currently sell for every EV. Think average total per car times cars sold. during recession everything slows down from hand tools to HVAC to wind expansion. So though EVs and wind may still grow, at a slower rate, it may not compensate for losses in other sectors.
Here is what Elton M. thinks. He publishes this view even knowing it may be bad for Tesla's SP
Impending recession could last until Spring 2024, but Tesla CEO Elon Musk sees a silver lining (msn.com)
I welcome apposing views that have some sort of documentation.
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Last
$10.13 |
Change
0.140(1.40%) |
Mkt cap ! $9.476B | |||
| Open | High | Low | Value | Volume |
| $10.00 | $10.23 | $9.98 | $41.86M | 4.137M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1290 | $10.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.13 | 1000 | 1 |
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| Last trade - 16.19pm 21/07/2025 (20 minute delay) ? |
| LYC (ASX) Chart |