Ganderson,
Since you asked, let me explain.
There is direct correlation between the amount of announcements from management to the SP if the announcements are true and material.
Psychology is a major factor in the market and I saw many companies that kept their SP at high levels just by reporting positive reports frequently. I am not saying that a company can do such thing infinitely without real achievements. We saw a negative example for such baseless ramping in Molycorp. But Lynas, unlike Molycorp HAS positive achievements all the time and instead of getting announcements we learn about them indirectly from analysts who had interviews with management.
I can see here the footprints of NC and I hope EN will improve this mess.
Ganderson,Since you asked, let me explain.There is direct...
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Last
$5.93 |
Change
-0.020(0.34%) |
Mkt cap ! $5.542B | |||
| Open | High | Low | Value | Volume |
| $6.04 | $6.04 | $5.93 | $23.75M | 3.975M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 128544 | $5.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.95 | 12481 | 2 |
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| LYC (ASX) Chart |