Stepping back from the share price for a moment. Lynas is competing against China as the dominant global supplier. However has a western business ever been able to successfully compete against the other dominant Chinese industries?
For the following industries it has been a complete disaster trying to take the Chinese on:
1. Solar
2. Textiles
3. Steel
4. Low end consumer goods
5. Toys
Can someone please tell me why rare earths will be any different? Fortunes have been made supplying what China does not have, I am yet to hear of any being made giving them what they have mastered in?
pop quiz, who has ever won against china?
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.61 |
Change
-0.100(1.30%) |
Mkt cap ! $7.113B | |||
| Open | High | Low | Value | Volume |
| $7.65 | $7.65 | $7.49 | $13.50M | 1.778M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10000 | $7.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.61 | 6808 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |