LYC 0.75% $6.66 lynas rare earths limited

Yes China is building lots of EVs the question is are they...

  1. 7,347 Posts.
    lightbulb Created with Sketch. 498
    Yes China is building lots of EVs the question is are they selling? the answer to that is no. they are stacking up and clogging many ports in EU including.
    You can read jusy how many in this article https://europe.autonews.com/automakers/chinese-ev-imports-massing-european-ports-sales-slow?adobe_mc=MCMID%3D30374918585627114291006083486541272592%7CMCORGID%3D138FFF2554E6E7220A4C98C6%2540AdobeOrg%7CTS%3D1713267316&CSAuthResp=1%3A%3A1587860%3A20608%3A24%3Asuccess%3A22239BEF2F1810A2C56FC73028DCD7D3

    You will have to register to read, it cost nothing. How long will the Chinese manufactures be willing to make vehicles they cannot sell? I do not know but I know it will have to stop at some time.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.66
Change
-0.050(0.75%)
Mkt cap ! $6.225B
Open High Low Value Volume
$6.68 $6.70 $6.62 $25.92M 3.896M

Buyers (Bids)

No. Vol. Price($)
3 15574 $6.62
 

Sellers (Offers)

Price($) Vol. No.
$6.67 53897 8
View Market Depth
Last trade - 16.10pm 05/06/2024 (20 minute delay) ?
Last
$6.65
  Change
-0.050 ( 1.12 %)
Open High Low Volume
$6.69 $6.69 $6.62 679662
Last updated 15.59pm 05/06/2024 ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.