At $193 the ree market was not sustainable, demand drops and people start talking crap about alternatives, at 80 - 100 though demand picks up and people stop pushing for alternatives... And lyc makes huge profits still... Nick mentioned in a interview he wants users to use more ree not less thus a relax in ree price is what was needed..
The rise in ree price put the industry on the global map and made china strong control visible! Therefore first to production outside of china will be rewarded!!
At $193 the ree market was not sustainable, demand drops and...
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Last
$6.34 |
Change
0.210(3.43%) |
Mkt cap ! $5.926B | |||
| Open | High | Low | Value | Volume |
| $6.23 | $6.37 | $6.20 | $16.32M | 2.584M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 10131 | $6.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.34 | 65301 | 3 |
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| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |