My prediction is under 4c this week too.
Unless RE prices improve, Lynas's situation will not change. The company is not making enough money at the moment to cover the interest repayments let alone service the debt.
The quarterly only looked good on the surface and management has not changed their poor communication style.
My prediction is under 4c this week too. Unless RE prices...
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Last
$6.81 |
Change
-0.005(0.07%) |
Mkt cap ! $6.477B | |||
| Open | High | Low | Value | Volume |
| $6.94 | $6.95 | $6.79 | $7.271M | 1.055M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 6972 | $6.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.81 | 3843 | 10 |
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| Last trade - 12.12pm 22/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |