You have hit in the dartboard bull s eye!
I am talking about the need to bid LYNAS to satisfy demand of technology ended products which incorpore REE in their devices.
If anybody wants to be connected to FACEBOOK you need first to have a ipad, right?
You can objectively make different valuations of LYNAS NAV which holds tangible assets.
But how come Facebook has a value of 14 Billion in January 2010 and in december more than 60 Billon USD? Are we back in the early 2000s?
Wonder how much is valued Facebook in case new ussers will not be EVEN able to buy an ipad.
For my own perspective, the importance of vertical integration business is crucial.
Lynas is in the course to be vertical integrated.
But Lynas will be supplying rare earths to hig tech industry. Again, it is an intermediate product quite inelastic.
It s just a point of view.
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Last
$6.92 |
Change
-0.020(0.29%) |
Mkt cap ! $6.468B |
Open | High | Low | Value | Volume |
$6.95 | $6.97 | $6.87 | $16.72M | 2.418M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5820 | $6.92 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.93 | 15020 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 6.840 |
1 | 430 | 6.820 |
4 | 2400 | 6.800 |
1 | 30 | 6.760 |
2 | 3400 | 6.750 |
Price($) | Vol. | No. |
---|---|---|
6.950 | 1000 | 1 |
6.970 | 599 | 1 |
6.980 | 15330 | 3 |
7.000 | 10409 | 3 |
7.010 | 2200 | 1 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
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LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
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