Disagree BZ.
Moly has for a long time been promising and not delivering. The 'marketing' hype around this Co. is what is keeping it's stock inflated.
If Moly was found to be all hot air and no substance, it leaves LYC as the sole 'genuine' ex Chinese producer on the planet, at least for a few years.
So bagging Moly, IMO only strengthens Lynas.
interesting take on competitor, page-5
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Last
$7.02 |
Change
0.000(0.00%) |
Mkt cap ! $6.561B | |||
| Open | High | Low | Value | Volume |
| $6.92 | $7.09 | $6.86 | $26.51M | 3.784M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5100 | $7.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.04 | 8902 | 1 |
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| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |