Neodymium Oxide started its surge in mid May and has gone up 32% from 265,000 to current 350,000.
Lynas started it surge in mid May and went up 50% to its peak. Part of the rise was the resolution of the political uncertainty and part was the rise in the price of Neodymium. However, because the increase in selling price of neodymium drops straight to the bottom line, we should get about a triple effect from neodymium price rises. Therefore, there is about another 60% rise already baked in, which should push up the stock price over the next few months. As a long-time holder of Lynas, I have gotten used to daily games being played with the stock price because it's a perfect stock to easily push around. Small cap, story stock, thin float. The daily wiggles are just that, but over time real economics are reflected fairly well in Lynas's stock price.
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Last
$6.76 |
Change
0.020(0.30%) |
Mkt cap ! $6.318B |
Open | High | Low | Value | Volume |
$6.70 | $6.82 | $6.68 | $12.37M | 1.829M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4000 | $6.75 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.78 | 7217 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4000 | 6.750 |
4 | 32873 | 6.740 |
2 | 17715 | 6.730 |
1 | 14224 | 6.720 |
1 | 4477 | 6.700 |
Price($) | Vol. | No. |
---|---|---|
6.780 | 7217 | 2 |
6.790 | 3278 | 2 |
6.800 | 16371 | 2 |
6.810 | 11828 | 2 |
6.820 | 249 | 1 |
Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
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