Saw this story today - https://www.watoday.com.au/business/companies/critical-minerals-focus-investor-attention-on-lynas-buyout-20230808-p5dutp.html
Made me think... what price would SH's consider to be "reasonable price" should a suitor get serious?
Personally, i'd want a price well north of $20 to even allow them into the lobby. Given the possibilities of our products, the long term customers and the long mine life - as well as the IP that LYC has developed and is surely worth a motza to smaller RE producers - we should be expecting significant price improvements in the medium term.
My personal "ego target" is $25, but I would be interested in most opinions on this board, so have at it guys and girls...
Ann: CEO Presentation at Diggers & Dealers Conference, page-8
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Last
$6.15 |
Change
0.100(1.65%) |
Mkt cap ! $5.748B | |||
| Open | High | Low | Value | Volume |
| $6.18 | $6.37 | $6.08 | $26.63M | 4.279M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17840 | $6.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.17 | 8880 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |