"I'm not going to suggest it will happen but it could easily happen IF Lynas used the substantial profits that it will surely make to buy back 80% of issued shares.
AND then the basket price could even fall and it could still happen. ( always think outside the square.)"
Well I agree with you if that's the case :). With the current amount of shares, I don't think $200 SP is possible. I will be happy if that happens, but I know it will be just dreams.
basketprice 1000us$, new qoutes, production, page-27
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Last
$7.61 |
Change
-0.100(1.30%) |
Mkt cap ! $7.113B | |||
| Open | High | Low | Value | Volume |
| $7.65 | $7.65 | $7.49 | $13.50M | 1.778M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10000 | $7.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.61 | 6808 | 1 |
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