Many people on this board are cheering about prices stabilizing and actually going up. i actually saw this developing and posted it in post25/03/2303:22Post #: 66953596
I totally agree that REE going up is far better than down. If you going to celebrate you have to keep it in proportion. Rember changes in revenue are added or subtracted from bottom line, profits, It is important to keep in mind what prices need to be to make stock go up again.
Q3 and Q4 of 2022 were great bure we close to those prices now.
This chart should help all to figure out what is needed to allow Lynas SP to recover.
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LYC
lynas rare earths limited
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0.05%
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$10.47

Many people on this board are cheering about prices stabilizing...
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Last
$10.47 |
Change
-0.005(0.05%) |
Mkt cap ! $9.817B |
Open | High | Low | Value | Volume |
$10.52 | $10.55 | $10.37 | $10.07M | 961.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
32 | 11179 | $10.46 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.47 | 5353 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
28 | 10635 | 10.460 |
18 | 9298 | 10.450 |
15 | 9208 | 10.440 |
20 | 14221 | 10.430 |
19 | 13162 | 10.420 |
Price($) | Vol. | No. |
---|---|---|
10.470 | 5636 | 22 |
10.480 | 12359 | 15 |
10.490 | 8112 | 15 |
10.500 | 9905 | 19 |
10.510 | 15060 | 13 |
Last trade - 11.46am 01/08/2025 (20 minute delay) ? |
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LYC (ASX) Chart |