"Why do people persist here with the fantasy of a $37.45kg basket price? Is it truly so hard to grasp reality?"
Hi Ausheds,
always appreciate your postings. I am a bit confused now. A number of questions come into my mind.
What is reality? Do you know it? Why does Lynas use the basket price for investor information if it does not relate anyhow to the achieved price?
And why should they sell product for a huge discount on that?
Of course, it will be also a matter of how much of a product is sold. If you sell small quanities the price maybe higher, if you sell masses, it might go down for several reasons.
For me, the basket price is a kind of orientation. Even Nick Curtis when asked relates in statements to the basket price as well.
Do you think it is completely nonsense?
We should not compare MCPs troubles with LYC too much. Different storys both.
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$6.71 |
Change
-0.030(0.45%) |
Mkt cap ! $6.248B |
Open | High | Low | Value | Volume |
$6.72 | $6.80 | $6.66 | $9.494M | 1.410M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
45 | 19003 | $6.71 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.72 | 4313 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
38 | 20094 | 6.710 |
16 | 14714 | 6.700 |
12 | 11321 | 6.690 |
14 | 15456 | 6.680 |
15 | 19690 | 6.670 |
Price($) | Vol. | No. |
---|---|---|
6.720 | 3722 | 24 |
6.730 | 16926 | 16 |
6.740 | 18437 | 12 |
6.750 | 6868 | 8 |
6.760 | 8258 | 7 |
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