TD, not sure how anybody can claim this is not price sensitive. $1.63 to $1.88, 15% increase in one day! NUF resolution not material to costs, so fair enough. That uncertainty removed from market sentiment.
Is NUF now required to be exported as well? Most of NUF is from Malaysian and Chinese sourced consumables. Who would know with Yeo dictates but certainly seems that way from translation of Yeo edict today? Is this official Malaysian Government policy? If so when was Lynas informed of the changes from that advised in NUF update of 14 February?
I find it unacceptable that ASX is informed via Malaysian media releases.
Will be very interesting to see the level of short activity today.
cleaning up bauxite..., page-16
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Last
$7.75 |
Change
-0.130(1.65%) |
Mkt cap ! $7.244B | |||
| Open | High | Low | Value | Volume |
| $7.79 | $7.87 | $7.70 | $22.02M | 2.835M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $7.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.76 | 4578 | 2 |
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| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |