Toll...whilst the Shanghai index is sliding downwards it would be perceived that the worlds consumption isn't healthy (economically) and REE demand may reduce leading to companies like LYC not being as strong as it could be.
The growth of China's economy (and their REE consumption) has way outpaced the Shanghai Index the last two years. And that correlation between LYC and Shanghai has only been true since Lynas started falling in September.
lynas delays could mean equity raise , page-13
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Last
$7.14 |
Change
-0.200(2.72%) |
Mkt cap ! $6.673B | |||
| Open | High | Low | Value | Volume |
| $7.34 | $7.34 | $7.13 | $39.28M | 5.467M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1546 | $7.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.15 | 72361 | 6 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |