With the Malaysian opposition still against Lynas and their chances apparently improving the Lynas share price is back under pressure again today.
The election needs to be held before June but the sooner the uncertainty is removed the better for Lynas. I don't want to contemplate the consequences of a change of Gov't although I can't seriously imagine they would withdraw LYC's temporary operating licence.
malaysian election uncertainty impacting price
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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 |