Lynas shares will keep climbing in the coming weeks. With the high prices of rare earth and with record production in Q4, I expect lynas SP to be well over 4. I doubt WES is going to offer 6 to even stand a chance of acquiring Lynas.
May be just sell them WLP and they can take that away
with them. I really don’t see why Lynas will need Wes now that the licence issue is almost done. There is probably more of a chance a US company is willing to acquire lynas than WES.
Wesfarmers good riddance, page-20
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Last
$6.92 |
Change
-0.020(0.29%) |
Mkt cap ! $6.468B | |||
| Open | High | Low | Value | Volume |
| $6.95 | $6.97 | $6.87 | $16.72M | 2.418M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5820 | $6.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.93 | 15020 | 3 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |