LYC 2.72% $7.14 lynas rare earths limited

What is anyone's view on the short and mid term pricing of LYC...

  1. 1,387 Posts.
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    What is anyone's view on the short and mid term pricing of LYC now we are looking at a whole new scenario.
    With the CNMC deal (which I'm happy was rejected) I had anticipated the share price to go up to $1.20 short term and wasn't sure how the SP would go after that.
    With the possible JP Morgan capital raising, I wonder how the market will react? I believe the SP will possibly drop short term but I wonder how the 2 scenarios (CNMC vs JP Morgan) would have/will played/play out over the next 6-12 months??
    Just pondering :)
 
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