that is a consistent view across the market from the fund managers I speak to. It is a logical view based on the circumstances prevailing in the market .The Chinese economy has undoubtedly slowed as has demand to some degree . The LYNAS share price is directly correlated to ndpr prices .If the price recovers so will the share price .
the other big issue is cost over runs in Kalgoorlie. I do have some confidence that Amanda and her team will manage this better than the moron analysts have determined .
as mentioned previously , the short hoard remains persistent
Goldman's view on earnings, page-6
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Last
$5.98 |
Change
-0.080(1.32%) |
Mkt cap ! $5.589B | |||
| Open | High | Low | Value | Volume |
| $5.97 | $6.02 | $5.90 | $19.37M | 3.252M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 116965 | $5.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.99 | 179 | 1 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| LYC (ASX) Chart |