LYC 0.55% $6.32 lynas rare earths limited

Technical, page-1648

  1. 7,453 Posts.
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    You are correct but what does that mean. first they are both tracking stocks so their True Market vale is fixed at Exchange Rate X LYC.
    So 8.88 AUD X .69 = 6.12 USD So Dy closed at 6.04 USD and DY 6.05. so that means they have lower value than LYS. Next The % gain should also be the same as LYC 3.02% DY 2.72 % CF 2.89%.

    Before you talk about Tracking stocks I would try to learn a little more about them. Start on Lynas home page at https://lynasrareearths.com/investors-media/american-depository-receipts/ Then follow links to Mellon bank and look at PDF that Lynas suggest.

    It will save you time posting useless information like a few other do hear. I can summarize simply id DF and CY are higher than FMV then America likes Lynas more than AU. If lower the opposite is true.

    Just saw i never posted chart with my post. here it is


    DateCloseVolumeChange
    18/31/20228.8857836400.26
    28/30/20228.627408395-0.21
    38/29/20228.835005694-0.2
    48/26/20229.0362415610.11
    58/25/20228.9242796120.08
    68/24/20228.844995512-0.03
    78/23/20228.876080871-0.32
    88/22/20229.195058806-0.53
    98/19/20229.723351074-0.09
    108/18/20229.814934613-0.31
    118/17/202210.1246826430.17
    128/16/20229.9530555000.06
    139.89
 
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Last
$6.32
Change
-0.035(0.55%)
Mkt cap ! $5.902B
Open High Low Value Volume
$6.34 $6.35 $6.29 $4.934M 781.7K

Buyers (Bids)

No. Vol. Price($)
45 10979 $6.31
 

Sellers (Offers)

Price($) Vol. No.
$6.32 40668 43
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Last trade - 13.48pm 16/07/2024 (20 minute delay) ?
LYC (ASX) Chart
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