AGROS I agree with you. LYNAS is such a unique company due to the metals it produces. There uses are in high demand due to constant advancements in technology applications yet their prices are almost a mystery given they are not exchange traded. China is the sole and dominant producer and supplier so it can readilly dictate prices by reducing or increasing supply or demand.
I have no crystal ball, but several governments including Malaysian, Japan and the USA need the LAMP processing and production facility to be functional and will make it happen.
Do not listen to the Fusia, or CNN money, or Molycorp, or DJ newswires. They only serve the Mitsubishi's of this would to manipulate sentiment for us individuals to sell. They place massive sell orders to infulence yoqu to sell (protect your money) but at they same time they are also buying your stock.
For every winner there is a loser, unless the winner and the loser are the same person in which case you are the oly loser.
AGROS I agree with you. LYNAS is such a unique company due to...
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.34 |
Change
0.210(3.43%) |
Mkt cap ! $5.926B | |||
| Open | High | Low | Value | Volume |
| $6.23 | $6.37 | $6.20 | $16.32M | 2.584M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 10131 | $6.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.34 | 65301 | 3 |
View Market Depth
| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |