REE prices is why LYC is so low. Same for any commodity stock. If the underlying commodity price falls then any stock that produces or is expecting to produce will fall also. The LYC SP get's a bad wrap in my opinion. There are countless resource stocks that have fallen by a far greater % in the last 8-9 months than LYC has. Take a look at AGO, GBG, BND just to name a few. Your in some pain if you bought them in March this year.
lynas on aljazzera - the stream, page-41
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Last
$6.76 |
Change
-0.120(1.74%) |
Mkt cap ! $6.309B | |||
| Open | High | Low | Value | Volume |
| $6.75 | $6.83 | $6.72 | $7.232M | 1.068M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 75 | 13093 | $6.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.77 | 7399 | 37 |
View Market Depth
| Last trade - 14.14pm 04/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |