i wouldn't use lynas as a good example - after consolidation from late 2017 until early this year the price has ranged from 16c to 28c range (pre consolidation equivalent) with the market cap increase half swallowed due to another 500 million shares issued post consolidation.
go back to posts and statements like $4.00 (40c) end of 2018 by posters on that forum page when in fact it seemed to drop l (i think it might have fallen to 1.60 (16c)
i think its more about the fundamentals at play that will drive value. as long as we get not too many hiccups through to production then we should do quite well long term.
Ann: BFS Update and Target Production Capacity Increase, page-42
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Last
20.5¢ |
Change
-0.005(2.38%) |
Mkt cap ! $54.61M | |||
| Open | High | Low | Value | Volume |
| 20.8¢ | 21.5¢ | 20.5¢ | $9.32K | 44.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6906 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 7599 | 1 |
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| Last trade - 15.30pm 23/08/2024 (20 minute delay) ? |
| PEK (ASX) Chart |