LYC 0.00% $6.40 lynas rare earths limited

ausheds,If the SP is determined only by the market's forecast as...

  1. 766 Posts.
    ausheds,
    If the SP is determined only by the market's forecast as you claim, how do you explain the blatant manipulation we see every day and especially at the day's ends and the auctions?
    Every day there is a downward pressure in the afternoon and a daily fight to lower the SP.

    How do you explain the 197 Million short positions to a company with excellent future prospects?

    Your calculations with regards to next year's surplus are correct only w/respect to La and Ce. But not for Nd/Pr, Eu and other CREO which are the bulk of Lynas's basket. You repeat these wrong calculations all the time. According to Lifton and other sources, these elements will be in short supply for the foreseeable future.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.40
Change
0.000(0.00%)
Mkt cap ! $5.982B
Open High Low Value Volume
$6.47 $6.48 $6.34 $20.28M 3.161M

Buyers (Bids)

No. Vol. Price($)
1 12848 $6.39
 

Sellers (Offers)

Price($) Vol. No.
$6.40 17965 2
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.