LYC 1.30% $6.25 lynas rare earths limited

Not too long ago the basket price was around $230. It is now...

  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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$6.25
Change
0.080(1.30%)
Mkt cap ! $5.841B
Open High Low Value Volume
$6.25 $6.26 $6.17 $15.83M 2.513M

Buyers (Bids)

No. Vol. Price($)
4 18985 $6.22
 

Sellers (Offers)

Price($) Vol. No.
$6.25 53073 5
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