LYC 0.34% $5.93 lynas rare earths limited

Lynas stock price is almost exactly where it was last fall when...

  1. 63 Posts.
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    Lynas stock price is almost exactly where it was last fall when neodymium oxide was 500.  Today the price has fallen to 312.  As electric cars and windmills suck up all the available neodymium in the early 2020's, the price for neodymium will skyrocket.  In the meantime, Lynas is has just started making lots of profit, which is now being recognized as the achievement it is.  This management greatness is what makes Lynas so safe as an investment.  So, when lack of supply and a future huge demand kicks in, it will all drop straight to the bottom line as profit to be capitalized at a pe of 25 to 30.  Kaching!  Keep in mind, the float is thin, and stock is volatile.  So the momentum players can easily push it around.
 
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Last
$5.93
Change
-0.020(0.34%)
Mkt cap ! $5.542B
Open High Low Value Volume
$6.04 $6.04 $5.93 $23.75M 3.975M

Buyers (Bids)

No. Vol. Price($)
8 128544 $5.92
 

Sellers (Offers)

Price($) Vol. No.
$5.95 12481 2
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
LYC (ASX) Chart
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