Matt what 401 is not rediculous but the disclaimer he left of is that the ree price stays current and does not fall. Mind you Goldmansach did their calcs abd valued Lynas at 1.40 so the $2 is not rediculous.
The market treats Molycorp as the better company of the two so MCP falls Lynas will follow. We need MCP to go bankrupt and let Lynas be recignise as the true leader.
still breathing?, page-7
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Last
$6.25 |
Change
0.080(1.30%) |
Mkt cap ! $5.841B | |||
| Open | High | Low | Value | Volume |
| $6.25 | $6.26 | $6.17 | $15.83M | 2.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 18985 | $6.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.25 | 53073 | 5 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |