Put simply. Lynas was a good idea when REE sold for 20X what they do today. Fat margins, fat cigars, long lunches, long drives with a three wood and a loose operation that would still make fat profits with little fiscal control. The Dream. Those days are gone and they ain't coming back. Now you need Chinese scooping dirt in to the hopper for 16 hours a day for a buck, exposed to the elements to scratch out a living. The Reality.
Lynas in a Nutshell
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Last
$6.56 |
Change
0.050(0.77%) |
Mkt cap ! $6.131B | |||
| Open | High | Low | Value | Volume |
| $6.51 | $6.59 | $6.49 | $8.348M | 1.273M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 16304 | $6.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.56 | 2708 | 2 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |