My views on todays action :
- The LAMP is essentially approved, now it's just a matter of taking care of a few details. This is the most important outcome from today. In the eyes of investors, very significant de-risking has just occurred.
- There will be a delay of around 3 months so production is expected to commence at the end of 2011. I for one never really expected a September start date and I suspect very few analysts did either. In the scheme of things, 3 months is nothing.
- The anti-Lynas concerns have been heard and accounted for. The protests and headlines should now fade away.
- Chinese quotas will continue to tighten and rare-earth prices will continue to rise.
- The share-price will trend upwards from here on.
- Forums
- ASX - By Stock
- pre opening price up!
My views on todays action :- The LAMP is essentially approved,...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$7.72 |
Change
0.000(0.00%) |
Mkt cap ! $7.206B |
Open | High | Low | Value | Volume |
$7.71 | $7.74 | $7.63 | $4.552M | 596.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 5707 | $7.71 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.72 | 4085 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 5575 | 7.710 |
17 | 11802 | 7.700 |
11 | 6464 | 7.690 |
15 | 12475 | 7.680 |
13 | 11101 | 7.670 |
Price($) | Vol. | No. |
---|---|---|
7.720 | 584 | 10 |
7.730 | 14136 | 18 |
7.740 | 27222 | 21 |
7.750 | 16562 | 17 |
7.760 | 17582 | 8 |
Last trade - 14.02pm 11/10/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |