The stock price increase over the last few years has been amazing. Eventually everything comes back to fundamentals. thos fundamental can be 2 to 5 years forward looking. Fact is the world is changing rapidly and in 4 years things could change in ways we never could have imagined. Say a war with China that shuts down all shipping in China sea. Something better than REE for motors. No I do not know what it is but I know lots of people are working on things.
We know what lamp will produce in 2025. We have not realy been told what Texas will produce or when. Can anybody explain what fundamentals will support a $10 SP in 2025. if you want to use a USD 250.00 KG price for NdPr that is fine with me I just will not hold based on that type of assumption till I see a bigger indication it might be possible.
Good news from the US..., page-7
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Last
$6.47 |
Change
-0.030(0.46%) |
Mkt cap ! $6.047B | |||
| Open | High | Low | Value | Volume |
| $6.46 | $6.52 | $6.40 | $29.03M | 4.503M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 80 | $6.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.49 | 11087 | 1 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$6.47 |
Change
-0.030 ( 0.46 %) |
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| Open | High | Low | Volume | ||
| $6.49 | $6.49 | $6.40 | 801079 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| LYC (ASX) Chart |