LYC 0.17% $6.05 lynas rare earths limited

todays chart, page-1409

  1. 1,141 Posts.
    lightbulb Created with Sketch. 795
    Where do I start with this lot???
    First the wild speculation that Lynas might dilute 10 fold @ way under current price. Pure idiocy. Any CR would be (as for any company) at a small discount to the current SP.
    Of course with Lynas generating free cash flow there's serious doubt that they need any development funds for, I'd assume, an expansion of operations. Just wait a bit to accumulate funds. (Yes, I know about the cash sweep to JARE: won't take long to sort that debt.)
    Lastly 2 obviously ignorant assumptions:
    1. Lynas needs re prices to remain stable at current levels
    They don't: but at current levels they're doing VERY nicely.
    2. New entrants into the NdPr market
    Who, besides a couple of rounding errors, do you think is capable of being serious entrants in the next 5 years???
    My regards to Fuzzy.
 
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Last
$6.05
Change
-0.010(0.17%)
Mkt cap ! $5.655B
Open High Low Value Volume
$6.05 $6.08 $6.03 $35.68M 5.875M

Buyers (Bids)

No. Vol. Price($)
2 34152 $6.05
 

Sellers (Offers)

Price($) Vol. No.
$6.06 9172 2
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Last trade - 16.10pm 20/06/2024 (20 minute delay) ?
LYC (ASX) Chart
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