Not an expert but Lynas had a lot of engineering problems post plant approval that delayed production. Missed a lot of targets. Long time to get to $10
engineering and tropical environments ain’t easy
happy of course to be wrong but in this case the fat lady is production figures from plant 1 and she ain’t started singing yet. Perhaps that’s why our ceo is in brissy at the conference perhaps he is looking for a fat lady to sing - (sorry low blow - intended to be humour).
When she does of course bring on $2+ per share! when? See my previous post end of June/July.
keep in mind - I’m very very happy to be wrong.
Not an expert but Lynas had a lot of engineering problems post...
Add KCN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.75 |
Change
-0.075(4.12%) |
Mkt cap ! $449.7M | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.81 | $1.73 | $750.2K | 424.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 660 | $1.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.75 | 19931 | 1 |
View Market Depth
| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.74 |
Change
-0.075 ( 3.93 %) |
||||
| Open | High | Low | Volume | ||
| $1.81 | $1.82 | $1.74 | 18663 | ||
| Last updated 15.58pm 03/06/2024 ? | |||||
| KCN (ASX) Chart |