I agree, LYC may settle at 37/38 - even less - but LYC yet may be very volatile in the interim before real biding contracts can be found, not dissimilar to the U bubble. eg PDN.
The price of REE/REO is completely unsophisticated where little real market dynamics are the norm - it's even more complex than uranium - no spot, medium or long term exists within the "basket" hence the speculation.
It appears that LYC may seek more monies/debt within 9 months IMO. More hell for holders that believed in a bubble that was never to be sustained - more dilution - more risk.
I feel for those you got sucked in here at much higher prices, but LYC may well go up and down (+/-10-15%) in the interim IMO, within any f/night.
Could be fun, but not yet though IMO. Another 10% perhaps.
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I agree, LYC may settle at 37/38 - even less - but LYC yet may...
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Last
$6.40 |
Change
0.000(0.00%) |
Mkt cap ! $5.982B |
Open | High | Low | Value | Volume |
$6.47 | $6.48 | $6.34 | $20.28M | 3.161M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 12848 | $6.39 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.40 | 17965 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 3600 | 6.360 |
1 | 15000 | 6.350 |
2 | 260 | 6.340 |
3 | 4563 | 6.330 |
4 | 8665 | 6.310 |
Price($) | Vol. | No. |
---|---|---|
6.400 | 10000 | 1 |
6.410 | 24000 | 1 |
6.420 | 203 | 1 |
6.450 | 3291 | 2 |
6.480 | 2100 | 2 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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LYC (ASX) Chart |