Looking very strong today - nice rise with supporting volume.
I like to think of this stock as "Dysprosium R Us". All the Heavy Rare Earths are valuable but Dysprosium is needed by the magnet makers and it if you look at other rare earth miners (LYC, MolyCorp and China itself) - it is screamingly obvious that there will never be enough Dysprosium to go around.
Keep in mind also that NTU don't have to own the processing plant - in fact it may make no sense to try and fund one - instead use the LYC and future ARU facilities.
More likely will be that one of the big guys (LYC I hope) - launches a takeover bid ... especially considering the total captil value of NTU ATM.
as always DYOR
bear market?, page-53
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Last
2.1¢ |
Change
0.001(5.00%) |
Mkt cap ! $142.7M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.1¢ | 1.9¢ | $22.38K | 1.118M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 585000 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 5461947 | 11 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| NTU (ASX) Chart |