LYC 1.30% $6.25 lynas rare earths limited

Hi Aqua,Don't pay any attention to thumbs; they mean stuff...

  1. 5,435 Posts.
    lightbulb Created with Sketch. 295
    Hi Aqua,

    Don't pay any attention to thumbs; they mean stuff all.
    People TD or TU for all sorts of reasons but none of it will affect the shareprice which is controlled by the big boys.

    A few points though:
    1.the REE prices are still so much higher than what brokers are using to value Lynas.
    2. REE prices will probably be better for lynas, with increased probability of better purity.
    3. REE prices will eventually go up again due to increased green technology applications; and China upgrading plants to improved environmental standards and protecting their manufacturing future (resulting in decreased export quotas).

 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.25
Change
0.080(1.30%)
Mkt cap ! $5.841B
Open High Low Value Volume
$6.25 $6.26 $6.17 $15.83M 2.513M

Buyers (Bids)

No. Vol. Price($)
4 18985 $6.22
 

Sellers (Offers)

Price($) Vol. No.
$6.25 53073 5
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.