Sorry, three posts in ten minutes. From Article " The company is looking to raise $500 million, with the underwriter holding the ability to add another $75 million to the tally. The cash raised from this sale is intended for projects that will lower MP Materials' environmental footprint."
MP Materials needing to raise cash just shows how different Lynas is from the company that is often referred to as being our closest equivalent. LYC is cashed up to the eyeballs and producing solid profits that are massively increasing quarter by quarter. We are indeed Apples and Pork Chops to MP Materials.
NdPR price, page-39
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Last
$6.77 |
Change
0.045(0.67%) |
Mkt cap ! $6.295B | |||
| Open | High | Low | Value | Volume |
| $6.67 | $6.78 | $6.66 | $4.498M | 668.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 15358 | $6.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.77 | 7294 | 14 |
View Market Depth
| Last trade - 12.01pm 29/05/2024 (20 minute delay) ? |
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Last
$6.79 |
Change
0.045 ( 0.75 %) |
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| Open | High | Low | Volume | ||
| $6.68 | $6.80 | $6.67 | 285527 | ||
| Last updated 12.21pm 29/05/2024 ? | |||||
| LYC (ASX) Chart |