that is a consistent view across the market from the fund managers I speak to. It is a logical view based on the circumstances prevailing in the market .The Chinese economy has undoubtedly slowed as has demand to some degree . The LYNAS share price is directly correlated to ndpr prices .If the price recovers so will the share price .
the other big issue is cost over runs in Kalgoorlie. I do have some confidence that Amanda and her team will manage this better than the moron analysts have determined .
as mentioned previously , the short hoard remains persistent
Goldman's view on earnings, page-6
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Last
$6.51 |
Change
0.170(2.68%) |
Mkt cap ! $6.085B | |||
| Open | High | Low | Value | Volume |
| $6.44 | $6.55 | $6.43 | $12.35M | 1.897M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 63738 | $6.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.52 | 20817 | 3 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |