From all reports there is considerable interest from institutions who are now taking positions in lynas. This will increasingly be the case as RE prices have risen to economic levels. With Lynas being a major beneficiary, they want a part of it. The share price is being well supported as the bigger players accumulate and the upcoming report should justify their interest with confirmation of substantial increase in revenues and hopefully further reductions in costs.
I imagine the next step from there will be readmission to the asx200. Would appreciate any of you bean counters out there having a crack at what that will take.
From all reports there is considerable interest from...
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Last
$7.75 |
Change
-0.130(1.65%) |
Mkt cap ! $7.244B | |||
| Open | High | Low | Value | Volume |
| $7.79 | $7.87 | $7.70 | $22.02M | 2.835M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $7.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.76 | 4578 | 2 |
View Market Depth
| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |