Well we already know that answer. I was going to post earlier that I didn't $2 was out of the question but held back. Lets see but definitely a possibility. Don't forget that JP Morgan has the current risk implied value of $2.14.
However also note that Molycorp had a huge run last night and at one stage was up over 8% only to end down 4%. We are well due for a catch up with them as many posters have alerted too. This gives more reasons that the $2 mark will be sooner rather than later.
Good times ahead the LYC perfect storm has just got even better thanks to China.
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Last
$7.70 |
Change
-0.070(0.90%) |
Mkt cap ! $7.197B | |||
| Open | High | Low | Value | Volume |
| $7.63 | $7.72 | $7.57 | $17.44M | 2.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 482 | $7.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.70 | 6582 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |