All this talk of bubble bursting people are forgetting that there is still a shortage of RE.
Do you know why?
I'll tell you why.
NO ONE HAS PRODUCED A SINGLE OUNCE OF NEW SUPPLY OUTSIDE OF CHINA
Put on top of that china has reduced its export quota for the first half of 2011.
This bubble hasn't even started
The day that Molycorp does a share split and LYC is at $13 bucks then we'll talk bubbles
j p morgan valuation, page-12
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Last
$7.75 |
Change
0.030(0.39%) |
Mkt cap ! $7.244B | |||
| Open | High | Low | Value | Volume |
| $7.71 | $7.81 | $7.63 | $12.03M | 1.561M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6556 | $7.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.77 | 3385 | 1 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |