I cannot really explain why this stock is flat, despite the extremely positive news concerning the rare earth market and price. As stated in the NC interview, production issues are about to be fixed and they are gradually ramping up. With the plant running faster and the RE prices going up, production as well as revenues can only increase from now on. Meanwhile, debt facilities have been extended and LYC finance looks in order for the time being.
SP simply cheap compared to potential/risks of the business. I am out of cash..
Is there something I am missing?
http://online.wsj.com/article/SB10001424052702304713704579094683552823954.html
confused
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.80 |
Change
-0.100(1.45%) |
Mkt cap ! $6.356B | |||
| Open | High | Low | Value | Volume |
| $6.78 | $6.80 | $6.69 | $13.60M | 2.014M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 13933 | $6.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.80 | 1389 | 3 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |