'Lynas is achieving premiums, apparently by withholding some production from market.'
I simple do not believe this assertion. The suggestion is that LYC are deliberately withholding product that could be sold in order to manipulate REE prices.
Currently LYC needs cashflow desperately and any product sold, even if at zero profit or even a small loss is better than going to inventory.
Someone is pulling my leg?
??halfway through our sin bin time, page-2
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Last
$6.74 |
Change
-0.080(1.17%) |
Mkt cap ! $6.300B | |||
| Open | High | Low | Value | Volume |
| $6.83 | $6.85 | $6.67 | $15.08M | 2.242M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 70897 | $6.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.75 | 3296 | 2 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |