thumbs up on this forum mean essentially nothing
the market tells the truth, and the market says LYC is worth less than half of what it was at the start of last year, despite being only weeks away from production...
TDL: any elaboration on down stream processing? is lynas looking to get into magnet manufacturing or similar? i always thought management had intended the company to be a straight REE play, and the reasoning behind the sale of duncan (apart from lining NC's pool room) was to focus specifically on the light ree's...
also, just for a bit of speculation, when do you suppose LYC will be paying dividends? 5 years maybe?
lynas ree prices drop to under $50, page-37
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Last
$6.15 |
Change
0.100(1.65%) |
Mkt cap ! $5.748B | |||
| Open | High | Low | Value | Volume |
| $6.18 | $6.37 | $6.08 | $26.63M | 4.279M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17840 | $6.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.17 | 8880 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |