Not too difficult to believe its the Chinese , is it ? The motivation to stamp out a major competitor is pretty high . They have been active in buying mines in Australia to shore up supply of commodities they need Coal , iron ore , etc . Losing future control of rare earths pricing particularly when you look at the huge volume of gear needing these minerals - eg new iPads -11 million, iPhones 30 million - would be of great concern to them . Imagine if their production of RE dried up and they had to get it from LYC in future - "not happy Jan"!!!!
who funds who?, page-2
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Last
$7.06 |
Change
0.040(0.57%) |
Mkt cap ! $6.599B | |||
| Open | High | Low | Value | Volume |
| $7.00 | $7.12 | $6.92 | $27.09M | 3.845M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 75156 | $7.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.08 | 480 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |