Picked up a bunch of LYSCF yesterday mostly on proprietary technical support elementsand confidence in ST stability of reset REE pricing. China needs to secure REE concentrate for their global export EV strategy. They realize they must pay up and they must get prospectors AND DEVELOPERS off their butts. Billions from millions.
Despite currently being a laggard wrt many prospective players, a reality that will likely remain true, LYC is also much more stable AND the only REE entity that might announce a listing on NYSE (think MP) or NASDAQ anytime soon; this potential upside risk is of great interest to me since toly et al brought it up. I can easily see this happening in the next year and by EOY 2022 at the latest. A listing will surely hang a bag or two on Lynas shareholders regardless price.
Picked up a bunch of LYSCF yesterday mostly on proprietary...
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Last
$7.67 |
Change
-0.020(0.26%) |
Mkt cap ! $7.169B | |||
| Open | High | Low | Value | Volume |
| $7.72 | $7.94 | $7.50 | $23.53M | 3.062M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $7.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.68 | 16724 | 2 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |