LYC 6.35% $6.05 lynas rare earths limited

lynas price resolved...

  1. 1,107 Posts.
    lightbulb Created with Sketch. 1022
    The more I think about it, the better handle I am getting on Lynas price action... Not to belittle the TA guys, but this seems to tie all of the loose ends together...

    If the international markets go up, Lynas goes down because it becomes a risk on trade...
    If the international markets go down, Lynas goes down because Oz has to follow the big boys in international investing...
    If commodity prices go up, Lynas goes down because increased demand will result in increased China supply...
    If commodities prices go down, Lynas goes down, because reduced demand will further hurt commodity prices...
    If the Oz dollar goes up, Lynas goes down as this will hurt Lynas future earnings...
    If the Oz dollar goes down, Lynas goes down as the trade is risk on and Oz has to follow the big boys in international investing...

    Comments?
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.05
Change
-0.410(6.35%)
Mkt cap ! $5.451B
Open High Low Value Volume
$6.14 $6.24 $6.01 $62.99M 10.33M

Buyers (Bids)

No. Vol. Price($)
1 165 $6.05
 

Sellers (Offers)

Price($) Vol. No.
$6.06 2728 1
View Market Depth
Last trade - 16.10pm 05/03/2021 (20 minute delay) ?
(live)
Last
$6.06
  Change
-0.410 ( 5.49 %)
Open High Low Volume
$6.12 $6.24 $6.01 2506552
Last updated 15.59pm 05/03/2021 (live) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.