No question consolidation most often employed as a vain effort to mask poor/static performance, simply don't believe that is the current scenario for either Lynas or the operating RE industry at large, as distinct from speculations. Not sure if you follow the Sino HY results.
As previous, mkt cap will respond directly to earnings growth, or otherwise, plus a forward component. Sept QR should be indicative in 10 days or so.
Plenty of positives to suggest the consolidation here will be accretive, against the norm.
Chart, page-218
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Last
$7.76 |
Change
0.060(0.78%) |
Mkt cap ! $7.253B | |||
| Open | High | Low | Value | Volume |
| $7.72 | $7.90 | $7.70 | $22.34M | 2.868M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4481 | $7.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.78 | 14225 | 2 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |