LYC 3.02% $7.00 lynas rare earths limited

These articles are mostly written by a computer. Just ignore...

  1. 290 Posts.
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    These articles are mostly written by a computer. Just ignore them and look at the key catalysts for LYC, the rest of the sector / overall market, and it's pretty obvious why the share price has come under weakness.

    To be frank, the fact the SP is above $8 with NdPr spot falling as it has (ignoring the fact we all agree it's mostly due the best efforts of the Chinese to push down prices short term and weaken emerging companies obtaining funding for future supply) is a positive for LYC and could result in a higher-low being formed on a multi year view, where Chinese's lockdowns come to an end, EV bottle necks are resolved and wind turbine manufacturers / purchases find more stable input pricing confidence to commit again to larger multi year orders. That may

    Whenever I see a stock being subject to significant short term
 
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Last
$7.00
Change
0.205(3.02%)
Mkt cap ! $6.561B
Open High Low Value Volume
$6.74 $7.05 $6.72 $21.61M 3.118M

Buyers (Bids)

No. Vol. Price($)
26 11779 $6.99
 

Sellers (Offers)

Price($) Vol. No.
$7.00 49203 18
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Last trade - 14.58pm 28/08/2024 (20 minute delay) ?
LYC (ASX) Chart
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