LYC 1.32% $6.90 lynas rare earths limited

compelling numbers

  1. 138 Posts.
    at $88 a kilo the stock is placed at the bottom now of the next cycle

    I find it hard now to argue that this price will not be sustained for at least the next 18 months .

    the only possible way is if China reverse from here and thats not likely .

    $88 a kilo says to me demand is still far from being satisfied

    So $4 is sitting out there all riding on execution risk

    I get the feeling when this stock goes on its next leg it will go a fair way .
    Surely its 50 cents shy of where it should be now plus Sojitz plus the next 1/4tly report will see high $2s

    Wouldnt it be nice if this stock would just put a steady 10 cents a month and give a break for a while

    But true to LYC form it will do 12 months worth in 2 months and create more stress

    Never a dull moment holding this stock




 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.90
Change
0.090(1.32%)
Mkt cap ! $6.449B
Open High Low Value Volume
$7.00 $7.05 $6.82 $28.67M 4.144M

Buyers (Bids)

No. Vol. Price($)
2 11195 $6.90
 

Sellers (Offers)

Price($) Vol. No.
$6.91 7697 2
View Market Depth
Last trade - 16.10pm 15/05/2024 (20 minute delay) ?
Last
$6.91
  Change
0.090 ( 1.28 %)
Open High Low Volume
$6.99 $7.05 $6.83 570464
Last updated 15.59pm 15/05/2024 ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.