This pause in upward prices is welcomed by me. What it means needs time I will point out early july when prices went down from $39 to 37 then a week later $43.
Ce is up 4 % this week and that is important. Though Many disagree I believe from calculation that Lynas makes a profit at $37.00 I find that the number for higher interest on loans is $38.00 lends some proof to that because the whole goal to new finance was Lynas profits.
Demand is price sensitive. Slightly lower prices will help demand which will be much better for lynas than high prices that cause demand distruction.
With these high prices I keep asking why was not an interest increase put in refi for mid 40s and then again in mid 50s. I think simple reason is that niether JARE or f MT K ever expected this kind of price rise so no plans for it. Trouble is when prices rise much further and faster than any one expected it has a dramatic impact on demand. I am glad these increases are not ther but question should be thought about.
- Forums
- ASX - By Stock
- REE prices.
This pause in upward prices is welcomed by me. What it means...
-
- There are more pages in this discussion • 134 more messages 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
$7.61 |
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. |
---|---|---|
$7.61 | 6808 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 10000 | 7.570 |
1 | 11246 | 7.560 |
6 | 38066 | 7.550 |
2 | 16385 | 7.540 |
2 | 20557 | 7.530 |
Price($) | Vol. | No. |
---|---|---|
7.610 | 6808 | 1 |
7.620 | 15790 | 6 |
7.630 | 15744 | 2 |
7.640 | 35166 | 3 |
7.650 | 21186 | 2 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
LYC (ASX) Chart |