LYSCF at $US0.60 converts to $A0.575. This was the last price prior to the auction when the funds balancing pushed it up to $A0.60.
The US close is basically what we 'should' have closed at on Friday, nothing unusual there.
I'd expect a lack of support over the next 2-4 weeks while volumes are low in general particularly if the US 'Fiscal cliff' scenarios play out badly. Maybe $0.47 does get hit.
This time last year we had a high in Dec of $1.37 moving DOWN to $1.03 over the Dec. period.
However 2010 Dec showed a low of $1.45 and moving UP to $2.05 over the same period.
With no external shocks it's possible the price moves up but unlikely without serious buying pressure coming in.
Over $1, they were the good old days!!
LYC
lynas rare earths limited
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0.84%
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$8.27

descending triangle target 29.5c, page-7
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Last
$8.27 |
Change
-0.070(0.84%) |
Mkt cap ! $7.736B |
Open | High | Low | Value | Volume |
$8.30 | $8.35 | $8.14 | $30.78M | 3.743M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 184 | $8.27 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.28 | 38197 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 184 | 8.270 |
1 | 3175 | 8.220 |
2 | 2000 | 8.200 |
4 | 6790 | 8.190 |
2 | 5150 | 8.180 |
Price($) | Vol. | No. |
---|---|---|
8.280 | 38197 | 5 |
8.290 | 13003 | 1 |
8.300 | 16408 | 4 |
8.320 | 7490 | 3 |
8.340 | 10002 | 2 |
Last trade - 16.15pm 04/07/2025 (20 minute delay) ? |
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