Barrons, agree with most of your analysis. What you omitted to state was that ASP is also denominated in USD so LYC has a natural hedge against rise and fall of USD against AUD. The only time this will become an issue is when LYC is required to bring funds back to Oz to pay poor shareholders a dividend!! Chance would be a fine thing. happy to take it on the chin when that day arrives.
Are rare earth prices about to turn upwards ?, page-70
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Last
$8.02 |
Change
0.260(3.35%) |
Mkt cap ! $7.496B | |||
| Open | High | Low | Value | Volume |
| $7.75 | $8.02 | $7.75 | $43.38M | 5.448M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $7.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.02 | 500 | 1 |
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| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |