Well done. Fantastic news. Excellent find Market MM84 and a special thanks to Mikaj for piercing together this outcome and all those who added their insights when this was little more than speculation. Amazing work by Amanda to increase capacity under these trying circumstances and ensure that Lynas remains the preeminent rare earths supplier.
would also like to add that this announcement couldn't have come at a better time, cause a hell of a lot of shorters will need to cover.
Also worth mentioning that Lynas SP will need a significant re-rate from brokers as they all factored in a shutdown rather than extension at increased capacity
glta
LYC - Malaysia to update Lynas operating license conditions, page-18
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Last
$7.80 |
Change
-0.090(1.14%) |
Mkt cap ! $7.290B | |||
| Open | High | Low | Value | Volume |
| $7.85 | $7.94 | $7.77 | $14.33M | 1.828M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5039 | $7.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.81 | 6633 | 1 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |