Lol this whole crying over 2-3 months of process is funny.
You complain about malaysia for delaying, its taken under 6 months.
Look up Aston Resources -> just taken over by WHC (whitehaven coal). Their approval for their coal mine has taken 18months in NSW already to get environmental approval. Date set by the government was june LAST YEAR.
Australia is just as bad, if not worse, than any country in the world. The only exceptions to get approval are those willing to spend mega bucks (15bn+) on investment, those get put through quickly.
It is very entertaining to see people curse malaysia because the basket price of RE's has gone down and affected share price.
You can blame malaysia, AELB and shorts all you want, but the bottom line is, from the $2.70 high to ~89c, the basket price has gone from $190 to $63.
Anyone want to work out the ratio between SP difference and Basket price different? bet its fairly similar ;)
a spec buy, page-7
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Last
$6.80 |
Change
-0.100(1.45%) |
Mkt cap ! $6.356B | |||
| Open | High | Low | Value | Volume |
| $6.78 | $6.80 | $6.69 | $13.60M | 2.014M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 13933 | $6.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.80 | 1389 | 3 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |