Efed
The share price of Lynas is out of the control of so called retail shareholders or market influences.
The price is presently controlled by institutions who maintain the price that they have determined for proifts to thier own company or for thier customers.
In my opinion this will continue until Lynas is producing and exporting its product to its customers and is able to show cashflows and of course profits. Only then will we and the marklet be able to place a reasonable and perhaps proper price/share value on the company neasured against activities and assetts and......earnings.
In the meantime unless you are a trader - sit back and watch. IMHO
EfedThe share price of Lynas is out of the control of so called...
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Last
$8.09 |
Change
0.070(0.87%) |
Mkt cap ! $7.561B | |||
| Open | High | Low | Value | Volume |
| $8.15 | $8.27 | $8.08 | $35.31M | 4.353M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7192 | $8.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.10 | 4833 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |