The market for hybrids will only grow in the near future, with for example, Toyota saying they will be building 1,000,000 hybrids a year soon.
The demand for REE's can only increase and LYC is very well positioned to take advantage of this. However, why the LYC sp has fallen so much is anyones guess, probably because they have a little way to go before making a maiden profit - and investors are hopelessly myopic at this time. The same can be said about ARU, only more so, as they are further behind and are still, to a degree, coming to terms with the REE extraction processing required.
I guess if we all had money to burn, both coy's would be great long term investments, especially given current prices.
The market for hybrids will only grow in the near future, with...
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Last
$7.59 |
Change
-0.120(1.56%) |
Mkt cap ! $7.113B | |||
| Open | High | Low | Value | Volume |
| $7.65 | $7.65 | $7.49 | $5.922M | 781.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 1679 | $7.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.60 | 11573 | 39 |
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| Last trade - 14.52pm 04/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |