"Lynas will be a price maker"
Did you forget about China?
We agree upon the basket price which should be forgotten - the sooner the better.
But 3 million dollar annually would mean a PE ratio of > 200
Long way to go IMO, especially if we consider that the price decline still is dramatic
http://www.metal-pages.com/metalprices/rareearths/
assistance regarding current basket price, page-40
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Last
$6.40 |
Change
0.000(0.00%) |
Mkt cap ! $5.982B | |||
| Open | High | Low | Value | Volume |
| $6.47 | $6.48 | $6.34 | $20.28M | 3.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12848 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 17965 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |