Yeah yeah yeah .....that's what I meant by demand for magnets etc arguments. I would summarise your comment as being in the magnet etc peripheral issues category. The real issues are;
1. COP>sales Price
2. Debt Amount (400m+)
3. Debt Service Ability (another failure reported yesterday with loan shark solution)
4. Motivation and ability of Chinese to show Lynas and Molycorp door through REE price manipulation till bankruptcy
These are the REAL issues that will decide Lynas fate....not the magnets etc. arguments.
Buy hey...keep doubling down if your a true believer. Your buy in costs will def. reduce.
This is one resilient Stock, page-5
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Last
$6.11 |
Change
-0.045(0.73%) |
Mkt cap ! $5.757B | |||
| Open | High | Low | Value | Volume |
| $6.21 | $6.22 | $6.07 | $3.159M | 513.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 12370 | $6.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.11 | 8324 | 20 |
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| Last trade - 12.01pm 29/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |