LYC 3.35% $8.02 lynas rare earths limited

close 0.715monday :::open: 0.725close: 0.755volume:...

  1. 2,651 Posts.
    lightbulb Created with Sketch. 226
    close 0.715

    monday :::
    open: 0.725
    close: 0.755
    volume: 40m

    reasoning:
    * macquarie daily feature, upgrade to outperform including detailed financial analysis attached to digest over the weekend.
    * company announcement yesterday detailing first feed is expected in coming days. (i'm guessing an operations announcement tuesday)
    * institutional placement completed
    * company significantly de-risked. the goods are inside the LAMP and operational funding has been secured.
    * Buy and Sell sides have substantially increased over the past week. also volume of sells appearing around 0.745 and 0.75
    * timeline to production is a matter of months, which is regarded as 'short term' on australian market

    tuesday's the day to get excited about IMO.

    no part of this post is intended as advice.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$8.02
Change
0.260(3.35%)
Mkt cap ! $7.496B
Open High Low Value Volume
$7.75 $8.02 $7.75 $43.38M 5.448M

Buyers (Bids)

No. Vol. Price($)
1 10000 $7.94
 

Sellers (Offers)

Price($) Vol. No.
$8.02 500 1
View Market Depth
Last trade - 16.10pm 30/09/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.