LYC 0.33% $6.07 lynas rare earths limited

Yes INDECENT Contrary J.It's ridiculous Lynas has no other value...

  1. 814 Posts.
    lightbulb Created with Sketch. 53
    Yes INDECENT Contrary J.

    It's ridiculous Lynas has no other value recognized in its price from a different perspective.

    In 2011 REE prices syrocketed and Lynas never produced until November 2012. The same as to have a company burning cash with a pice of land. Do not tell me about expectations when market went crazy stocking at whatever price.

    in 2019 we had a much more serious trouble than a fish boat conflict with a shock between China and US Trade War as the eye of the hurricane.

    In 2019 Lynas is producing at a constant pace and it is a solid alternative source to Chinese market.

    if Lynas price is lead only m by Nd/Pr price instead of World trustworthy source then, it is indecent and ridiculous when under these circumstances we all know this situation can change from night to day.

    Play your strategy modeling your Lynas portfolio based in prices.

    I hope when we have a valid outcome from PDF mess, Wetsfarmers or a third party offers a much higher price that it quotes now.

    Lynas deserves a decent quote after Amanda's hard and brillant work.






 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.07
Change
0.020(0.33%)
Mkt cap ! $5.673B
Open High Low Value Volume
$6.08 $6.09 $6.02 $35.62M 5.828M

Buyers (Bids)

No. Vol. Price($)
4 298927 $6.06
 

Sellers (Offers)

Price($) Vol. No.
$6.07 30108 3
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.