LYC 1.39% $6.56 lynas rare earths limited

Who else is sniffing at the door besides Westfarmers

  1. 12,648 Posts.
    lightbulb Created with Sketch. 1299
    Now that Lynas has financial support to the tune of $500 million for expansion plans

    Be that the Chinese once again have played it's monopolistic card

    Fear of demand of R/E will exceed supply

    One wonders who else is sniffing at the door besides Westfarmers

    Looks like Lynas does not need anyone. I'm sure R/E prices are going to increase exponentially over next 5 years........and with that debt paid back, dividends to flow in pockets of shareholders.

    Remember A2M........70 cents........now $15

    Forecast........LYC......2.36 now...........2021/22........$25
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.56
Change
0.090(1.39%)
Mkt cap ! $6.131B
Open High Low Value Volume
$6.53 $6.58 $6.51 $14.95M 2.285M

Buyers (Bids)

No. Vol. Price($)
1 1500 $6.54
 

Sellers (Offers)

Price($) Vol. No.
$6.56 6919 1
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
$6.55
  Change
0.090 ( 1.39 %)
Open High Low Volume
$6.53 $6.58 $6.51 732559
Last updated 15.59pm 03/05/2024 ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.