LYC 0.34% $5.93 lynas rare earths limited

why the crash?

  1. 115 Posts.
    I wonder what people think of the effective crash in the SP. After all, it's now almost 20% off its recent peak and dropping for no apparent reason. I know there are issue all over the world but that shouldn't justify such a sharp fall.

    Is it just the big boys taking advantage of the situation to hold the price down? Are people afraid of Japan not needing REs? (unlikely) Scared of a RE price fall (Hasn't yet happened). Day traders pulling out? Surely it can't be this low so close to the plant commissioning (2 weeks).

 
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