LYC 0.07% $7.09 lynas rare earths limited

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

  1. 7,294 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
$7.09
Change
0.005(0.07%)
Mkt cap ! $6.608B
Open High Low Value Volume
$7.05 $7.09 $7.01 $15.54M 2.203M

Buyers (Bids)

No. Vol. Price($)
49 9318 $7.08
 

Sellers (Offers)

Price($) Vol. No.
$7.09 16404 41
View Market Depth
Last trade - 14.56pm 21/05/2024 (20 minute delay) ?
Last
$7.09
  Change
0.005 ( 0.24 %)
Open High Low Volume
$7.05 $7.09 $7.02 337831
Last updated 15.15pm 21/05/2024 ?
LYC (ASX) Chart
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