Agreed.
There are both pros and cons to this, as many have pointed out. Personally, my main con is that I don't like MP (resource/management). They are blowing smoke up inverstors ar$e re heavies.. However, should we be able to keep the DoD funding post a merger, plus a renegotiated light REE contract (say another $400m), then the benefits may start outweighing drawbacks.
The main positive is that we would likely be at a point where we can set out prices more independently from China, which I'm sure all of us would love.. We would also, I presume, stop exporting to China from MP, which could spike intra-Chinese prices.
Ultimately, a merger would should only be considered if LYC is in the drivers seat.
- Forums
- ASX - By Stock
- Lynas linked to rare earths mega-merger as price falls bite - AFR
Agreed. There are both pros and cons to this, as many have...
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$6.43 |
Change
0.000(0.00%) |
Mkt cap ! $6.010B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 4375 | $6.75 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.11 | 571 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 3605 | 6.750 |
2 | 1133 | 6.620 |
2 | 7000 | 6.610 |
2 | 1286 | 6.590 |
2 | 8121 | 6.550 |
Price($) | Vol. | No. |
---|---|---|
6.110 | 571 | 2 |
6.120 | 3945 | 1 |
6.240 | 74 | 2 |
6.250 | 3578 | 2 |
6.290 | 1000 | 1 |
Last trade - 09.49am 30/04/2024 (20 minute delay) ? |
|
|||||
Last
$6.49 |
  |
Change
0.000 ( 1.14 %) |
|||
Open | High | Low | Volume | ||
$6.49 | $6.53 | $6.48 | 23989 | ||
Last updated 10.07am 30/04/2024 ? |
Featured News
LYC (ASX) Chart |
Day chart unavailable