You’re obviously too smart for my dumb joke...
I was alluding to Keynes’ saying: Markets can stay irrational longer than you can remain solvent.
Maybe it has to do with lower perceived sovereign risk, or simply being in the US. Or buzz & hype. Or the market is still deciding what MP is worth. Or maybe the US govt funding is more important to MP materials than it is to Lynas - at least in the near term. All guesses..
Good news - pentagon resumes lynas contract, page-12
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Last
$6.25 |
Change
0.155(2.55%) |
Mkt cap ! $5.692B | |||
| Open | High | Low | Value | Volume |
| $6.10 | $6.26 | $6.09 | $8.799M | 1.423M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 19507 | $6.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.25 | 23047 | 50 |
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| Last trade - 13.32pm 31/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |