LYC 0.88% $6.87 lynas rare earths limited

at $88 a kilo the stock is placed at the bottom now of the next...

  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




 
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Last
$6.87
Change
0.060(0.88%)
Mkt cap ! $6.388B
Open High Low Value Volume
$7.00 $7.05 $6.82 $9.093M 1.308M

Buyers (Bids)

No. Vol. Price($)
15 2316 $6.86
 

Sellers (Offers)

Price($) Vol. No.
$6.87 8239 26
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Last trade - 11.14am 15/05/2024 (20 minute delay) ?
Last
$6.89
  Change
0.060 ( 0.91 %)
Open High Low Volume
$6.99 $7.05 $6.83 218144
Last updated 11.33am 15/05/2024 ?
LYC (ASX) Chart
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