Take a good look at prices between October 2023 and now. Pay careful attention to 2024 so far. Copper is going up because a cut back in production Coper makes up about 5% of China's GDP REEO about 0.02% do you think that might make them different as to what the government is thinking? For Lynas SP to be AU$6.00 a share at a PE of 20 Lynas has to make $280 M. JMO that would take a REEO price of 650RMB which is 45% of todays price. so why do people get so excited over such small changes. Everyone was excited the first 6 weeks of year because prices were flat. Many said this is a bottom and price would surge from then. Then what happened? Another 50 RMB / KG drop! -12% in 3 weeks.
NdPR price, page-2143
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Last
$6.10 |
Change
-0.160(2.56%) |
Mkt cap ! $5.701B | |||
| Open | High | Low | Value | Volume |
| $6.14 | $6.16 | $6.02 | $31.69M | 5.119M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23252 | $6.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.10 | 23221 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |