Hi Guys,
Just had a look at the Lynas website re: Rare Earth prices
http://www.lynascorp.com/page.asp?category_id=1&page_id=25
It has been a substantial price drop in Lanthanum Oxide and Cerium Oxide @ $80 (26/09)
This is slightly higher than first quarter of 2011 prices and at that time the share price was >$1.75
So in comparison Lanthanum/Cerium:
$75-77 (2011 Q1 price) and Share price was >$1.75
$80 (29/09 price) and Share price is 0.875
It doesn't make sense does it? (ignoring current market conditions)
rare earth prices & share price comparison
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Last
$6.40 |
Change
0.170(2.73%) |
Mkt cap ! $5.982B | |||
| Open | High | Low | Value | Volume |
| $6.34 | $6.40 | $6.28 | $12.65M | 1.991M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15037 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 38814 | 10 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |