I some what agree Richo .very low volume recently which reflects lack of demand . The short brigade have controlled the share price within their range and no major accumulator to challenge their control .
Lynas will have to deal with rising cost of production with their significant operation in Kal which is a more expensive environment than Kuantan . Finally soft naproxen prices is the reality of the market and that has the biggest input to the current share prices .will be very interesting how things start to look by the end of the 3rd quarter . The second quarter. Numbers won’t be great I suspect
Deciphering Lynas, page-923
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Last
$7.78 |
Change
0.180(2.37%) |
Mkt cap ! $7.272B | |||
| Open | High | Low | Value | Volume |
| $7.45 | $7.92 | $7.41 | $46.84M | 6.050M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $7.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.81 | 77676 | 2 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |