6 months is a joke but what they want, Lynas can achieve making what can be seen as a limiting outcome actually a green light for a very long time, processing without the political BS we have experienced for such a long time.
The way I read it, its very much a political response to manage the parties members that are very divided. Its certainly a win for Lynas and the market will take some time to see it that way.
Clearly Lynas will now have to come out with a positive announcement to show their response in a positive light and the coming weeks another announcement on the location of where the waste will be safely dumped.
I personally see light at the end of what can only be described as a very long tunnel.
On another note, it will be interesting to see if there are any other players out there that will now show their hand during this transition time. WES will obviously now consider a $3 offer. Who else is out there?
Once certainty is delivered, power is shifted back to Lynas and lets face it Malaysia, has now played their hand and Lynas can easily deliver.
Good times ahead
- Forums
- ASX - By Stock
- Licence
6 months is a joke but what they want, Lynas can achieve making...
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
|
|||||
Last
$6.74 |
Change
-0.140(2.03%) |
Mkt cap ! $6.300B |
Open | High | Low | Value | Volume |
$6.75 | $6.83 | $6.72 | $13.84M | 2.049M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4099 | $6.74 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.77 | 3692 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4099 | 6.740 |
5 | 30930 | 6.730 |
6 | 40012 | 6.720 |
3 | 19580 | 6.710 |
4 | 14630 | 6.700 |
Price($) | Vol. | No. |
---|---|---|
6.770 | 3692 | 5 |
6.780 | 14517 | 4 |
6.790 | 15925 | 2 |
6.800 | 13150 | 4 |
6.810 | 46580 | 3 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |