LYC 1.65% $6.15 lynas rare earths limited

Saw this story today -...

  1. 180 Posts.
    lightbulb Created with Sketch. 142
    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...
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.