Neodymium price (FOB China) was down 13% yesterday. More relevant for Lynas than Alkane. Ce and La unchanged though.
Unfunded projects are getting hammered by hedge funds i.e. Alkane (32% of yesterday's sales were shorts)
Could go down a lot more given production is 2 years away, however is starting to look particularly cheap.
Lynas should be doing better given funding is ticked off.
Neodymium price (FOB China) was down 13% yesterday. More...
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Last
49.0¢ |
Change
0.005(1.03%) |
Mkt cap ! $295.7M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 49.5¢ | 48.0¢ | $300.8K | 617.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 46396 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 37799 | 5 |
View Market Depth
| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| ALK (ASX) Chart |