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...
Saw this story today -...
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Last
$6.92 |
Change
-0.140(1.98%) |
Mkt cap ! $6.468B | |||
| Open | High | Low | Value | Volume |
| $6.94 | $6.97 | $6.84 | $15.53M | 2.248M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 13835 | $6.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.93 | 2500 | 2 |
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| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |