Great chart show tremendous decline as of 12 may, Price 499 RMB WV. Price to day is 435 RMB WV which says it is continuing. It was flat last week during the 2 day work week. Maybe it is turning but we need at least 4 weeks to know for sure.
Have you looked at Lynas's Capital Equipment plan? How much of that 1 B do you think will be left in 12 ~18 months if prices stay the same or go up just 10%. I will not even consider what happens if they continue down. Any long term holder of multiple stocks know how small 1 B is for a growing company whose primary source of income is falling like NdPrO has fallen.
We will see.
LYC Price at posting:
$6.58 Sentiment: Sell Disclosure: Not Held
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