"The rare earths industry has been running low in the first four months of the year and has rebounded sharply since mid-May, when the rare earths price index rose 20.09 per cent."
So they take a point that the prices are at a multi year low and sy see how much they are going up. I could take Fall of 2017 ans say how much they have gone down, over 40% that is just as crazy.
We have to read all of these articles with a sceptics point of view.
the real question is what is pushing prices up VS what is pushing them down. which factors are more likly to prevail over the short, 3 to 6 months, and long term, up to 2 years. Of course reporters would have to do some real reserch and thinking to write about that and that is very rare.
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lynas rare earths limited
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Last
$8.29 |
Change
0.010(0.12%) |
Mkt cap ! $7.754B |
Open | High | Low | Value | Volume |
$8.26 | $8.38 | $8.23 | $25.63M | 3.088M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2000 | $8.28 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.32 | 2500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2000 | 8.280 |
2 | 31741 | 8.260 |
1 | 9866 | 8.250 |
3 | 12791 | 8.240 |
3 | 1130 | 8.220 |
Price($) | Vol. | No. |
---|---|---|
8.320 | 2500 | 1 |
8.340 | 29286 | 2 |
8.350 | 11755 | 2 |
8.360 | 9944 | 1 |
8.370 | 3750 | 2 |
Last trade - 16.10pm 10/07/2025 (20 minute delay) ? |
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