I'd be amazed if the SP meaningfully drops below $1.75 which was the last effective price for conversion of bonds. I reckon there is a genuine floor of support because barring any serious bad news bondholders don't want to be seen to sell to long term instos for more than they could buy on market a month or two later.
The issue burning a hole in my brain is the NdPr price at 300rmb, it's a real worry until Lynas steer away from spot prices.
I'd be amazed if the SP meaningfully drops below $1.75 which was...
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Last
$7.70 |
Change
-0.070(0.90%) |
Mkt cap ! $7.197B | |||
| Open | High | Low | Value | Volume |
| $7.63 | $7.72 | $7.57 | $17.44M | 2.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 482 | $7.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.70 | 6582 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |