LYC 0.48% $6.26 lynas rare earths limited

basket price falling

  1. 115 Posts.
    Not too long ago the basket price was around $230. It is now $184. That's a 20% drop, 13.5% compared to last week. At this rate it might go to $160 next week.

    Why is this happening and is it a worry? I know that demand is growing and all that but why would the price drop so far recently?

    And $@*!.. where are the announcements regarding the Malaysian permit progress? They have handed in all applications, they could have at least told us that much. Surely they could also get a comment as to how long the review will take.
 
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Last
$6.26
Change
-0.030(0.48%)
Mkt cap ! $5.851B
Open High Low Value Volume
$6.29 $6.30 $6.24 $12.71M 2.028M

Buyers (Bids)

No. Vol. Price($)
5 13629 $6.25
 

Sellers (Offers)

Price($) Vol. No.
$6.27 9053 2
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Last trade - 16.10pm 18/07/2024 (20 minute delay) ?
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