No way I believe it till I see it. Whatever is keeping Lynas down will probably keep it down below $2. Nothing short of starting production or a massive 1kiloton block find of Europium would do that it seems.
Just last week Nick talked about 800-900 million revenues. At current prices we are talking en extra 200million for a company with a 2.3b cap. Result: share price hardly moves...
There must be something crazy going on and all this positive news must have built a ridiculous amount of pressure below this stock. Until then... blehhh
$2.00 today, page-16
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Last
$7.76 |
Change
0.060(0.78%) |
Mkt cap ! $7.253B | |||
| Open | High | Low | Value | Volume |
| $7.72 | $7.90 | $7.70 | $22.34M | 2.868M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4481 | $7.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.78 | 14225 | 2 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |