LYC 1.35% $5.83 lynas rare earths limited

Share Consolidation is coming, page-96

  1. 357 Posts.
    Gren
    Let's look at this from an alternative perspective, If the premise is that fundamentals are strong, (which they are imho) then the question is why do we need to consolidate? It would be superfluous, we don't need to, the SP will naturally go up over time without a consolidation, giving much needed long term shareholders the returns after the arduous task of staying invested in this amazing company, Lyc ticks a lot of boxes, it has massive deposit of rare earths in WA, it is a vertically integrated company thereby saving on production costs, it is the most modern and environmentally sound processing plant in the world, everything it produces is being sold, we have a good customer base, there will be billion dollar demands for rare earth supply in the near future, given half the world is ramping up to produce electric vehicles, most of cars on road will be electric by 2040, we should be spruiking like mad and shouting from the rooftops at how good Lyc is to invest in. There is no need for share consolidation!
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$5.83
Change
-0.080(1.35%)
Mkt cap ! $5.449B
Open High Low Value Volume
$5.89 $6.04 $5.83 $18.89M 3.204M

Buyers (Bids)

No. Vol. Price($)
4 17984 $5.83
 

Sellers (Offers)

Price($) Vol. No.
$5.87 3952 2
View Market Depth
Last trade - 16.10pm 06/08/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.