Nothing but good news here and certainly nothing that would be responsible for the current share price fall. As for the current speculation on share price and where it may finish down too i will leave that to the rest of you.
Fundamentally the story is intact better than what it was 2 weeks ago .
If they are expecting further contracts from USA ,Europe , and Japan that means at least another 3 before year end which will have phase 1 as a full book.
If as claimed China have shipped their quota for this half of the year then it stands to reason the rare earth basket price will hold, it may indeed spike further before supply starts jan 1 next year
i will be using this pull back to add to my holding and wont be a seller until the fundamentals dont stack up anymore, and that is at least the completion of phase 2 on the current information available .
Good luck to all who are trying to pick the bottom and hope you all do as there is plenty of upside from here
1/4 tly report on time on budget
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Last
$6.90 |
Change
0.090(1.32%) |
Mkt cap ! $6.449B | |||
| Open | High | Low | Value | Volume |
| $7.00 | $7.05 | $6.82 | $28.67M | 4.144M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 2 | 11195 | $6.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $6.91 | 7697 | 2 |
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| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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$6.91 |
Change
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| Open | High | Low | Volume | ||
| $6.99 | $7.05 | $6.83 | 570464 | ||
| Last updated 15.59pm 15/05/2024 ? | |||||
| LYC (ASX) Chart |