PEK 39.5% 11.5¢ peak rare earths limited

Do you remember those days when Peak was all about breaking the...

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  1. 3,076 Posts.
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    Do you remember those days when Peak was all about breaking the hold of China on the RE supply sector through both the intended TAN mine and the processor to be built on Teeside UK? Then do you remember when Peak management was so aggrieved at the share buyout by Shenghe from Appian?

    Boy have those days gone as Peak's dreams have meet he reality of the RE sector since RE prices took a nose dive from late 2022 to today.

    Will Shenghe just buyout Peak? Regardless, Peak shareholders should do ok, especially when those RE prices kick back up (if they aren'already bought out - nice premium?).

    Again, for RE retail investors ignore the hype that RE wannabee managements spew out in releases and look for concrete events that occur for these entities (if they do) that suggest a lifeline and/or pathway to actual emergence. Peak was making grandoise claims until Shenghe brought home reality.
    When is reality going to start hitting the dozens of other RE wannabes with no such Peak lifeline but equally great claims?

    Plus, will TAN require Shenghe to process within borders or demand downstream value share in China?
 
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Last
11.5¢
Change
-0.075(39.5%)
Mkt cap ! $31.97M
Open High Low Value Volume
11.5¢ 13.0¢ 11.0¢ $201.9K 1.738M

Buyers (Bids)

No. Vol. Price($)
5 71181 11.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.0¢ 61860 4
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Last trade - 11.09am 05/11/2024 (20 minute delay) ?
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