LYC 1.14% $7.80 lynas rare earths limited

market cap in 500 million - give me a break!!!

  1. 12,898 Posts.
    lightbulb Created with Sketch. 1439
    Wow who would have thought market cap in the high 500 million

    A plant and mine that cost more than 1.3 billion to build

    There are approximately 2 billion shares in the company

    Just over 5 million traded today

    That works out to be 0.25 per cent of the company changed hands

    Whether that was in churning does not matter

    Manipulation to bring share price down almost 2.9 per cent on such low volumes is an ongoing phenomena with Lynas Corporation in my opinion

 
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