I'm almost certain that there is a correlation between the LYC site raising the basket price and a drop in the LYC share price. Coincidence? Probably.
Cynicism aside, its amazing that during a conference call not too long ago, Nick was considered to be a bit too confident assuming $800 million dollar revenues. Well.. now add $1bil to that! Even halving or going down to 30%, the basket price will still maintain a SP much higher than the current one.
Good luck to all!
lynas basket price up today, page-2
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Last
$6.07 |
Change
0.015(0.25%) |
Mkt cap ! $5.655B | |||
| Open | High | Low | Value | Volume |
| $6.08 | $6.09 | $6.04 | $4.075M | 624.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1555 | $6.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.07 | 11347 | 17 |
View Market Depth
| Last trade - 10.52am 21/06/2024 (20 minute delay) ? |
| LYC (ASX) Chart |