LYC 1.39% $6.56 lynas rare earths limited

I do not understand price. Back in June I predicted a trading...

  1. 7,257 Posts.
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    I do not understand price. Back in June I predicted a trading range of 450 ~ 550 RMB WV We never went above 550 but we have crashed through 450 RMB. Prices were flat for 5 weeks end of January thru Feb. Then after Chinese new year they crashed. I will agree This is possibly a bottom. Based on pass action and the fact that prices have to rise to at least 650 ~ 750 RMB for NdPr for Lynas to have a SP of $7.00 at a PE of 20 I will just wait and see.
 
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Last
$6.56
Change
0.090(1.39%)
Mkt cap ! $6.131B
Open High Low Value Volume
$6.53 $6.58 $6.51 $14.95M 2.285M

Buyers (Bids)

No. Vol. Price($)
1 1500 $6.54
 

Sellers (Offers)

Price($) Vol. No.
$6.56 6919 1
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
$6.55
  Change
0.090 ( 1.39 %)
Open High Low Volume
$6.53 $6.58 $6.51 732559
Last updated 15.59pm 03/05/2024 ?
LYC (ASX) Chart
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