" $55/kg which puts the viability of Lynas' business model into question"
The technical analysts need to do a little fundamental analysis as well. At $55 Lynas is in clover (when the Malaysians decide they want to participate in the developed world and grant TOL).
Interesting reading, the TA opinions thrown up here, all backward looking and when they look forward VERY subjective. Also very obvious that many of them are short, not that I blame them for that, with hind sight it would have been a smart move.
aelb briefing, page-164
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Last
$7.25 |
Change
0.205(2.91%) |
Mkt cap ! $6.645B | |||
| Open | High | Low | Value | Volume |
| $7.12 | $7.25 | $7.09 | $7.203M | 1.007M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 170 | $7.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.25 | 48152 | 29 |
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| Last trade - 11.28am 10/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |