LYC 0.63% $6.34 lynas rare earths limited

Ann: Quarterly Activities Report, page-61

  1. 553 Posts.
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    For what it's worth,
    From TheBull.com.au this morning:
    SELL – Lynas Rare Earths (LYC)
    Shares in this rare earths producer have fallen from $7.17 on January 2 to trade at $6.26 on July 18. Revenue from ordinary activities in the first half of fiscal year 2024 was down 37 per cent on the prior corresponding period. EBITDA was down 67 per cent. China dominates the rare earths sector, making this space highly vulnerable to disruption. Other stocks appeal more at this stage of the cycle.
 
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