Yes, there are two Friday Cabinet meetings before the end of the parliamentary session. It’s possible that tomorrow, Dr M advises his whole cabinet to get familiar with the Lynas situation in detail so a final decision can be made next Friday (just guessing.) It’s possible the SP slips to $1.85 by then if there are more risk averse than risk takers in the market. If it’s a fudged outcome, I can see it slipping back to $1.55. If the outcome is Lynas are assured of licence renewal and the terms of the original licence are upheld (research fertiliser, fallback PDF) and Yeo walks out or is removed and replaced by a competent unbiased person with a real degree, then LYC should be re-rated back to pre election levels IMO.
Yes, there are two Friday Cabinet meetings before the end of the...
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Last
$7.14 |
Change
-0.200(2.72%) |
Mkt cap ! $6.673B | |||
| Open | High | Low | Value | Volume |
| $7.34 | $7.34 | $7.13 | $39.28M | 5.467M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1546 | $7.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.15 | 72361 | 6 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |