Well, we're hitting the 30/06/19 swing low of 2.41. A lower closing low suggest a downtrend for 6 months, until the license is "renewed". If that happens, we can thank Lynas management's inability to launch an effective PR campaign. No surprise, IMO, shareholders have been a doormat for management since NC decided to setup shop in a 3rd world county. I feel that until operations are up and running outside of Malaysia, the SH's torment will continue. Samurai bonds are in place for Japan, not shareholders. We need C&L in OZ & HREE separation in the US ASAP.
Today's chart & trading, page-2117
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Last
$6.11 |
Change
-0.180(2.86%) |
Mkt cap ! $5.711B | |||
| Open | High | Low | Value | Volume |
| $6.12 | $6.15 | $6.07 | $17.65M | 2.889M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 26354 | $6.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.15 | 3758 | 2 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |