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.
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Last
$14.42 |
Change
0.120(0.84%) |
Mkt cap ! $14.26B | |||
| Open | High | Low | Value | Volume |
| $14.44 | $14.46 | $14.31 | $16.97M | 1.179M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 7659 | $14.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.43 | 3785 | 13 |
View Market Depth
| Last trade - 11.27am 16/09/2025 (20 minute delay) ? |
| LYC (ASX) Chart |