LYC lynas rare earths limited

Today marks the end for LYC

  1. 1,518 Posts.
    lightbulb Created with Sketch. 287
    Rare Earth ETF plummets. Even after divvie, it's a complete overshoot of selling with ~9% drop overnight.

    Add on top the financials of LYC that barely pulls in $200m revenue (yes revenue, not profit!) as a $9bn company, and we've got an EPIC recipe for disaster.

    I feel bad for anyone here who thought LYC was some kind of Rare Earths global savior.. I hope you've enjoyed the story, it's carried you this far to an obscene $9bn market cap, but now reality is going to kick in hard and some are going to learn the painful lesson about understanding reality vs fantasy.



    https://hotcopper.com.au/data/attachments/3912/3912168-05cb9121be78f6dec060389ca6717147.jpg
    Last edited by TemptingTrade: 21/12/21
 
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(20min delay)
Last
$10.12
Change
-0.010(0.10%)
Mkt cap ! $9.419B
Open High Low Value Volume
$10.13 $10.14 $9.93 $38.65M 3.839M

Buyers (Bids)

No. Vol. Price($)
1 3000 $10.12
 

Sellers (Offers)

Price($) Vol. No.
$10.13 9022 2
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Last trade - 16.19pm 22/07/2025 (20 minute delay) ?
LYC (ASX) Chart
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