Early in August I posted a Chart showing how badly Lynas lagged the major indexes during the July rally. Then Lyas announced improvements to Mt Weld and they almost caught up with the indexes. Now the indexes have started falling and Lynas is falling much faster. As you can see in the chart below.
There total performance from 7/1 to 8/22 is also much worse than the indexes during this roller coaster. Who would like to explain what is happening. Seems like no matter what is happening Lynas is underperforming the indexes by a lot.
Yes it has outperformed in the past but what is happening now.
Early in August I posted a Chart showing how badly Lynas lagged...
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Last
$6.40 |
Change
0.000(0.00%) |
Mkt cap ! $5.982B | |||
| Open | High | Low | Value | Volume |
| $6.47 | $6.48 | $6.34 | $20.28M | 3.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12848 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 17965 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |