LYC 1.16% $6.98 lynas rare earths limited

Amanda either needs to develop the skill at informed and...

  1. 2,506 Posts.
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    Amanda either needs to develop the skill at informed and energetic public promotion or develop such a person as the public face of the company in the international arena to do just that. Lynas may have gotten a bit spoiled having the non-China production market mostly to itself. Now there will be a new and formidable non-Chinese competitor in MP Materials, which won't be joined at the hip to Japan and will have more flexibility. Regarding MP Materials, also important to note that a member of their Board of Directors used to be the Chairman to the Joint Chiefs of staff--the most powerful uniformed member of the Defense Department. Wouldn't be surprised if he was a big factor in DOD grant. It won't hurt to have him around when it comes to US Dept of Defense REE needs. A listing on the NYSE Exchange, 15 times the size the ASX, doesn't hurt in terms of big money, $ raising, fund inclusion, newsletter discussion and broadcast and other media coverage. Lynas might just need to shape up a bit in this fast changing REE universe. I think it's smart to hold both stocks at this time and see how things shake out.
 
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Last
$6.98
Change
0.080(1.16%)
Mkt cap ! $6.524B
Open High Low Value Volume
$6.91 $7.00 $6.90 $36.21M 5.198M

Buyers (Bids)

No. Vol. Price($)
1 56 $6.97
 

Sellers (Offers)

Price($) Vol. No.
$6.99 175914 10
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Last trade - 16.10pm 16/05/2024 (20 minute delay) ?
Last
$6.97
  Change
0.080 ( 0.67 %)
Open High Low Volume
$6.93 $7.00 $6.90 639194
Last updated 15.59pm 16/05/2024 ?
LYC (ASX) Chart
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