640, after dropping $0. more How Intrinsic Value has Multiple. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. The stock is approaching C$1/share which we thought was where it deserved to be based on valuation comparisons with its peers. Metametrics include various characteristics of metrics. Shares in Nine Entertainment Group (ASX:NEC) and Ausdrill (ASX:ASL) followed lower. Ltd (OTCMKTS:LYSCF) passed above its 200-day moving average during trading on Monday. The share price surged 107 per cent after Northern Minerals unveiled a maiden resource for the (appropriately-named) Dazzler deposit, which boasted grades three times higher than the Browns Range project average. Lynas shares closed 35. Goldfield Corp. The rare earths miner says it's looking forward to working with the new government. Lynas shares closed 6 per cent higher at $2. AMP Limited (AMP) is Australia and New Zealand's wealth management company, with an expanding international investment management business and a growing retail banking business in Australia. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. Lynas Corporation (ASX:LYC) Share Price and News. The Wesfarmers Ltd (ASX: WES) share price is down 3. 61 Comcast Co. Why Webjet Shares Increased by 30. Lynas says share price drop due to change in government. BHP Billiton chief executive Marius Kloppers has admitted the Ravensthorpe nickel operation was not the "finest investment decision" as the miner reported a 56. Basket of Metals Slides as Prices Drop. Any information that you receive via FT. ADR Lynas Corp. 15 May 2018 - Lynas (ASX:LYC) has attributed yesterday's 9. com is at best delayed intraday data and not "real time". these opinions will fall into a range in the share price. The 1 year high share price is 1. Should you buy LYC shares now? Free independent share market investing advice from The Motley Fool. more How Intrinsic Value has Multiple. I think these are the reasons for the share price spike; all occurring around the same time for some nice momentum. Lynas Corp is out of its trading halt and jumped 39. 25 cents, or 2. These assets are Mt Weld and Lynas Advanced Materials Plant (LAMP). The Lynas Corporation Ltd (ASX: LYC) share price is up 11. Meanwhile, Lynas Corporation's share price jumped on fears that China — which accounted for 80 per cent of rare earth imports by the US between 2014 and 2017 — may restrict its supply of these. mobile phones) we know and use each day. The large 6" paint lid is a nice size for a three stringer and the fact that it has the rolled outer edge common on paint can lids makes it easy to mount. Lynas's share price compared to the market and industry in the last 5 years? Simply Wall St News. Lynas Corporation Ltd (ASX: LYC) was one of the biggest movers on the local market on Thursday, with shares falling 9% to $2. Lynas Corporation has been enjoying record production numbers but the financial troubles have seen the share price slaughtered in recent months. 1 LYNAS CORPORATION LTD (LYC) Broker Statistics Accompanying Share Price Trends The chart tracks the Lynas share price from the beginning of January 2010 through to the end of April 2013, a period that encompasses just over 13 quarters of trading. At time of writing, the share price of Lynas Corporation Limited (ASX: LYC) is down a further 4. Any information that you receive via FT. 83 per cent higher at $2. I was also told this is normal protocol. Why the drop in Lynas Corporation's share price is a buying opportunity. Australian retail-to-chemicals conglomerate Wesfarmers Ltd said on Thursday it would not pursue its proposal to buy rare earths miner Lynas Corp. Lynas Corp. Under the UK Companies Act, a share must have a par or nominal value, e. 040 on Monday, dragging the shares to their lowest since March 27. This is far less tempting to traders. 7%, trading at $2. As investors flee the share price will drop. uranium news would be pro-nuclear and therefore fail to produce a fair assessment of the Lynas plant. Your email provider may divert this report to a folder other than your inbox. Production is well under target and the share price has fallen to 13 cents per share. This relocation of the C&L process, according to Tan Bun Teet, chairman of Save Malaysia Stop Lynas (SMSL), might make it not feasible economically for Lynas to continue operations at LAMP for several reasons, like logistics and a difference in the price of resources like water. The stock is approaching C$1/share which we thought was where it deserved to be based on valuation comparisons with its peers. 5 per cent share price read more. Originally published as Lynas drops case against Malaysia greens trending in finance. With traditional share investment your risk is limited to the amount you spent on the initial purchase (a share price can't go below zero). On the other hand, the Wesfarmers bid, at A$2. AX) stock discussion in Yahoo Finance's forum. Lynas Corporation (ASX:LYC) Share Price and News. With our monthly Rare Earths MMI® remaining flat at 34 in February, the rare earths market still looks to be depressed. 040 on Monday, dragging the shares to their lowest since March 27. The Wesfarmers Ltd (ASX: WES) share price is down 3. The worst performing stock in the S&P/ASX 200 was Lynas Corp , dropping 22. , which spent about A$1 billion ($930 million) on a rare earths processing plant in Malaysia, plans to defer some debt repayments and sell as much as A$40 million in shares after prices. Given the historical relationship, the return on equity could drop to as low as 4% given the current price-to-book ratio. Prices For the week La and CE are Flat. They can easily afford it. Challenges of rare earths - Wright et al - Sep 2016 - Argus Rare Earths Conference - Greenfields Research / Rowton Ltd. It will be interesting to see Lynas's basket selling price in the September quarter (if they decide to reveal it) in their next quarterly report due out on 31/10/14. Find the latest LYNAS FPO (LYC. Combining Lynas's Debt And Its 12% Return On Equity While Lynas does have some debt, with debt to equity of just 0. Lynas or CSL? Lynas Corporation (LYC) Q. It focuses on the exploration, development, mining, and processing of rare earth deposits. Unsurprisingly, given the gold-price correction, the share prices of the bidding companies in both cases dropped. At the time of writing, Challenger Limited shares are trading at $7. 69 on Friday, well above Wesfarmers' indicative offer price of $2. Join the HotCopper ASX share market forum today for free. Lynas no need strong marketing and no need tv advertisement. 0 per cent overnight after comments from a US official fed concerns surrounding the US-China trade conflict, adding to worries that a slowing global economy would reduce demand for oil. Lofdal heavy rare earths. Pretty simple. Rare earth users are all familiar with the products. Wait a Second, Rewind… Two points if you said “wow, it looks like steel prices reached similar highs in 2011. Join the HotCopper ASX share market forum today for free. The 2014 supply surplus that we mused about last month looks to have taken. It focuses on the exploration, development, mining, and processing of rare earth deposits. With our monthly Rare Earths MMI® remaining flat at 34 in February, the rare earths market still looks to be depressed. The rare earths miner says it's looking forward to working with the new government. 5 per cent share price slide to changes in the Malaysian Government. Ph +61 3 9670 7264. (NASDAQ:CMCSA) Sees Large Drop in Short Interest. 55 per share. The Lynas Corporation Ltd (ASX: LYC) share price is up 11. At time of writing, the share price of AMP Limited [ASX:AMP] is down 4. Friday 11 th November 7. I go along with his view that Groupon is, despite the huge drop in share price, not a buying opportunity. Any information that you receive via FT. Malaysia defends move to extend license for rare earth firm Lynas. engages in the production of rare earth minerals. The ASX-listed firm says it will keep stockpiling production of its major rare earth element, neodymium praseodymium. As investors flee the share price will drop. Why the drop in Lynas Corporation's share price is a buying opportunity - Yahoo Finance Why the drop in Lynas Corporation's share price is a buying opportunity Yahoo Finance More protests in Malaysia but no clarity as Lynas shutdown approaches - The Age. Share your opinion and gain insight from other stock traders and investors. Note the drop in share price around the time the Goldman report was released: Lynas has the lofty goal of becoming a fully integrated provider of rare earth minerals from mine to market. The fundamentals of the business remain unchanged. Despite the share price drop, some analysts believe management's outlook was too pessimistic and the stock is undervalued by more than $5. They have problems in defending their business model, since entrance barriers are very low. What's weighing on the Lynas. Story provided by StockMarketWire. 7% with the retailer launching a takeover offer for the rare earth miner Lynas Corporation Ltd (ASX: LYC) at a sizeable premium to the last closing price. Share your opinion and gain insight from other stock traders and investors. Lynas' MD Amanda Lacaze concurred with initial analyst responses to the company's 2019 results that there was "no significant new news". 5 per cent share price slide to changes in the Malaysian Government. Lynas Corporation Ltd financial information, fundamentals and company reports including full balance sheet, profit and Loss, debtors, creditors, financial ratios, rates, margins, prices and yields. But Lynas is one of very few non-Chinese suppliers of rare earths, which Beijing has sought to use as leverage in. 25 per Lynas share, a near 45% premium to the miner's last close. Join the HotCopper ASX share market forum today for free. Lynas share price higher on solid quarterly update. AX Lynas Corp (rare earths) Ripley94: 2. ND PR is up US $0. Reverse splits aren't always reversals of fortune. At this stage, the proposal is conditional and among other things subject to Wesfarmers. They have problems in defending their business model, since entrance barriers are very low. Lynas' MD Amanda Lacaze concurred with initial analyst responses to the company's 2019 results that there was "no significant new news". HotCopper has news, discussion, prices and market data on APPEN LIMITED. com is at best delayed intraday data and not "real time". The ASX Group's activities span primary and secondary market services, including capital formation and hedging, trading and price discovery (Australian Securities Exchange) central counter party risk transfer (ASX Clearing Corporation); and securities settlement for both the equities and fixed income markets (ASX Settlement Corporation). Lynas mines rare earths, which are used in a range of high-tech products, in Western Australia, and operates a refinery near Kuantan in Malaysia. Hey everyone, I think I’m finally ready to share my personal thoughts on Mark Lynas’ 6 Degrees novel. 38 and the Iluka Resources Limited strengthened 1. The price-to-earnings ratio (P/E ratio) is defined as a ratio for valuing a company that measures its current share price relative to its per-share earnings. What next for Wesfarmers after failed Lynas bid? AFTER formally dropping its failed bid for Lynas Corp, will Wesfarmers confirm its interest in the ex-China rare earths thematic by getting involved with one of the other, less advanced projects in the Australian market?. The Rio Tinto Ltd share price gained 0. The Lynas share price has staged a recovery from a closing low of $2. 1 LYNAS CORPORATION LTD (LYC) Broker Statistics Accompanying Share Price Trends The chart tracks the Lynas share price from the beginning of January 2010 through to the end of April 2013, a period that encompasses just over 13 quarters of trading. Ltd (OTCMKTS:LYSCF) passed above its 200-day moving average during trading on Monday. Share Splits & Consolidations. mobile phones) we know and use each day. Hey everyone, I think I’m finally ready to share my personal thoughts on Mark Lynas’ 6 Degrees novel. 15 May 2018 - Lynas (ASX:LYC) has attributed yesterday’s 9. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. You are invited to Change4Chalfont’s Vegetarian Bring and Share At The Breadhouse, Chalfont St Peter. What happened to the Lynas share price? Shares of Lynas Corporation Ltd [ASX:LYC] were up over 9% in early trading Wednesday. At time of writing, the share price of Lynas Corporation Limited (ASX: LYC) is down a further 4. 5 per cent share price read more. The share prices leading into this was 90c and the price post the rights issue was 67c. Follow this post futures) and Forex prices are not provided by exchanges but rather by market makers, and so. 15 May 2018 - Lynas (ASX:LYC) has attributed yesterday's 9. Any information that you receive via FT. ABN 77 125 242 284. 50 target price. I just rang Lynas to check that the call I received on Friday was from them. Is it likely to happen again or aren't you able to predict this? 80c sounds like a good time to drop some more money in, I certainly wont be mentioning it to my share-mentor as he'd be completely about spending more money in a speculative non-profit turning decreasing share price company, but it makes sense to me. This is far less tempting to traders. Goldman Sachs’ Ian Preston Surveys the Gold ETF vs Equity Battleground the majors got the message loud and clear that they have to do more than rely on the gold price to see share price. Giovanni Pamio, 60, an Italian citizen, is accused of being a leader in a conspiracy that was part of an embarrassing scandal that has cost VW more. That’s where it becomes a bit more of a bummer. Long term, the company seems sound. While the shares did participate a bit in the early 2014 run in mining companies, it didn't last and one of my biggest concerns (further issues ramping up the processing facility. It delivered loyal MMI followers +33% non annualised relative performance over the 12 weeks it was an MMI. That takes the stock to a one-year price rise of 62. Generally speaking, as a company grows, institutions will increase. The conglomerate has maintained its interest in acquiring the company. 71 and its […] Shares of Lynas Co. Current stock quote for Lynas Corp Ltd ( LYSCF ) including financial statements, level 2 data, and the latest Industrial Metals & Minerals news, research, and investment community discussion Stockhouse. Share your opinion and gain insight from other stock traders and investors. Galileo Resources Plc Ord 0. Share price information may be rounded up/down and therefore not entirely accurate. Rare earths are minerals which are used as inputs to create many of the electronic devices (e. Lynas says share price drop due to change in government. Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! A look at the shareholders of Lynas Corporation Limited (ASX:LYC) can tell us which group is most powerful. Lynas' share price dropped as much as 33 percent on Wednesday after the Malaysian government set new license renewal conditions. Under the UK Companies Act, a share must have a par or nominal value, e. LONDON (ShareCast) - In a show of confidence in the group the chairman of GameAccount Network (LSE: GAME. For example, if a company has 1. The Company has a portfolio of aligned assets, which include Mt Weld, which are rare earths mines, located approximately. The Wesfarmers Ltd (ASX: WES) share price is down 3. 60 following the release of its first quarter update. Australian retail-to-chemicals conglomerate Wesfarmers Ltd said on Thursday it would not pursue its proposal to buy rare earths miner Lynas Corp. HotCopper has news, discussion, prices and market data on LATIN RESOURCES LIMITED. Careful use of debt to boost returns is often very good for shareholders. Ltd Stock Chart and Share Price Forecast, Short-Term "LYI" Stock Prediction for Next Days and Weeks Walletinvestor. 80/ share round turn costing giving me a ($6000) on present price. The loss was flagged on Thursday when it received a query by the Australian Securities Exchange (ASX), which noted a sharp slump in Lynas' share price and heavy trading volumes of about 43 million. This price target implies potential downside of just over 5% from the current share price. Market Capitalization (Market Cap) is a measurement of business value based on share price and number of shares outstanding. The share price dropped nearly 10% in Wednesday morning trading, and full-year forecasts will now need to be revised. 96%, trading at $2. 55 before China took its foot off the supply chain, and problems producing the complex material clubbed Lynas back down to as low as 3. Macquarie Marquee Ideas - Performance Code/Stock Type Start Date Excess return since. However, while swing/day/short term traders can play havoc with a share price, especially when they short, it is traders who are the creators of the movements in the share price to a large. Lynas Corporation (ASX:LYC) is listed on the Australian Securities Exchange. Story provided by StockMarketWire. It generally represents the market's view of a company's stock value and is a determining factor in stock valuation. Despite a 9% increase in production volumes during the six. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. What is particularly noteworthy about the present economic crisis is that it has not - so far, anyway - led to a drop in oil prices. The rare earths miner says it's looking forward to working with the new. 5 billion deal didn't rate a mention at the. 7% after a Mixed Half-Year Result - Markets and Money Lynas Corp’s Share Price Falls 6. Oil prices fell nearly 1. All data is manually compiled so there might be a delay between the Annual Report being published and the data appearing on Market Index (<7 days for ASX 300 and up to 30 days for micro-caps). Shares in Lynas Corporation have slumped by more than 17 per cent, with investors disappointed by a fall in prices and the troubled rare. The Company has a portfolio of aligned assets, which include Mt Weld, which are rare earths mines, located approximately. 9 cents at yesterday's close. As far as I am concerned even if these were to go up 50% the impact would be very small. Lynas' share price dropped as much as 33 percent on Wednesday after the Malaysian government set new license renewal conditions. Lynas stocks have risen 33. Rural Funds Group (ASX:RFF) QLD feedlot acquisition and entitlement. Lynas’ neodymium and praseodymium (NdPr) prices remained flat during the September quarter due to continuing trade tensions between China and the United States. Why the Lynas Corporation Ltd share price crashed 9% lower today. Ltd Stock Chart and Share Price Forecast, Short-Term "LYI" Stock Prediction for Next Days and Weeks Walletinvestor. On the evening of 25 November 2012, a group of anti-Lynas walkers, headed by Himpunan Hijau 2. ASX:ORL 8 months ago. This page provides a graphical presentation of Telstra's share price details (both TLS and TLSCA) from 1999 to the present. Lynas added that in a move to combat continued weakness in market prices, it would reserve all NdPr product for its strategic business partners, which could lead to a build-up in inventory in the. 70 Hamborner Reit (ETR:HAB) Sets New 12-Month High at $9. A more aggressive split would be 1-100 and give a share price of ~$8/share with only 35m shares outstanding. At the time of writing, Challenger Limited shares are trading at $7. Australian retail-to-chemicals conglomerate Wesfarmers Ltd said on Thursday it would not pursue its proposal to buy rare earths miner Lynas Corp. The share price of Australia's Lynas Corporation is down 75 percent year-to-date, so investors were no doubt happy to see some positive news in the company's first-quarter results. 37% following Half-Year Results. Lynas has a portfolio of aligned assets to explore, develop, mine and process rare earth minerals. Why the drop in Lynas Corporation's share price is a buying opportunity. NEW YORK, April 26 — Ford reported a drop in first-quarter profits yesterday due in part to restructuring costs, but the company’s share price rallied following a strong performance in North Ameri. Share Splits & Consolidations. What’s weighing on the Lynas. View LYSDY business summary and other industry information. (ASX:LYC) dropped on a decrease in rare. So it is worth checking the past earnings trajectory of Lynas, (below). I thought Lynas (OTCQX:LYSDY) looked like an interesting, albeit very risky, mining story back in December of 2013 ("Weak Prices Have Lynas Fighting An Undertow"). 45 at the 4:10 p. 57 AUD on the exchange Sydney equals a price of 1. Lynas Share Price Dips 3. The projected closing price is: 1. FT is not responsible for any use of content by you outside its scope as stated in the FT Terms & Conditions. See our latest analysis for Lynas. • Do your homework to understand what a company reports as HREE or HREO. 26 million pounds) plant. 02% at lunch. AUSTRALIA'S share market has plummeted by 4. According to agency Douglas Elliman Real Estate, median sales prices in Manhattan have fallen under US$1 million for the last quarter in 2018, this is a first since 2015. About $70 billion was stripped from the value of the nation's. Lynas Corporation Limited (LYC:AX) Rises 3. With our monthly Rare Earths MMI® remaining flat at 34 in February, the rare earths market still looks to be depressed. Help; Contact Us; Careers; Transparency; Financial Services Guide; Terms & Conditions; Privacy Policy; InvestSMART Publishing Pty Ltd holds Australian Financial. Glass of wine included. Why the Lynas Corporation Limited share price has gone nuts today. The business’s fifty day moving average price is $1. Join the HotCopper ASX share market forum today for free. Silver Lake lost 27c to $1. Lynas mines rare earths, which are used in a range of high-tech products, in Western Australia, and operates a refinery near Kuantan in Malaysia. 5 per cent share price slide to changes in the Malaysian Government. 02% at lunch. Other cities around the world are seeing property price drops. Share Prices Australia Pty ltd holds an Australian Financial Services License (AFSL) Number: 287367 Share Prices Australia Pty Ltd is not endorsed by, or affiliated or otherwise connected with ASX Limited or any of its. But Lynas is one of very few non-Chinese suppliers of rare earths, which Beijing has sought to use as leverage in. Australia’s Lynas Corp is forming a joint venture with a Texas-based rare earths company to build a processing plant in the US, looking to capitalise on a gap in the US supply chain for raw. In afternoon trade the benchmark index is down a disappointing 0. The three EMS players have been manufacturing parts and components for two product segments produced by the said key customer. Lynas Share Price Dips 3. The offer gave a premium over the share price of AU$1. At the moment we are all dreaming of a golden future but many things need to happen to make it a reality but the omens are positive. It is involved in the retail sale of building material, and home and garden improvement products through its Bunnings stores; apparel, homewares, and general merchandise, including toys, leisure, entertainment, home, consumables, electrical products, and accessories. Should you buy LYC shares now? Free independent share market investing advice from The Motley Fool. Why the drop in Lynas Corporation's share price is a buying opportunity. Ratcliffe | Bloomberg | Getty Pictures HSBC, Europe’s largest financial institution, plans to restructure its loss-making companies after the lender reported an 18% on-year drop in pre-tax revenue for the third quarter, group CFO Ewen Stevenson stated. 0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. Lynas share price higher on solid quarterly update. The best performer on the S&P/ASX 200 index on Friday has been the Lynas Corporation Ltd Why is the Lynas share price storming higher?. com - July 29 at 9:10 AM Rare earth producer Lynas Corp revenue falls 4. This price target implies potential downside of just over 5% from the current share price. The company was founded by Nicholas Anthony Curtis on May 25, 1983 and is headquartered. 100 pence ordinary share. Help; Contact Us; Careers; Transparency; Financial Services Guide; Terms & Conditions; Privacy Policy; InvestSMART Publishing Pty Ltd holds Australian Financial. com is at best delayed intraday data and not "real time". Lynas says share price drop due to change in government Company News by Anna Napoli May 15, 2018 11:32 AM Email Alerts for: ASX:LYC Lynas has attributed yesterday's 9. Lynas Corporation. Fears of China miner collapse and industry shakeups have caused Lynas share prices to rise in recent days. The biggest winner is Lynas Corporation (OTCPK. To continue creating value over the long term, Wesfarmers is committed to engaging with its local communities and minimising its environmental impact. KUALA LUMPUR (Reuters) - Malaysia plans to extend Lynas Corp's license to operate a rare earths processing plant, though it could be for a shorter duration than the usual three years. You are invited to Change4Chalfont’s Vegetarian Bring and Share At The Breadhouse, Chalfont St Peter. Noting Lynas’ receipt of a renewed operating. The share price collapse of Dixon Advisory’s US property fund and the L1 Long Short Fund have triggered calls for regulators to crack down on advisers selling listed investment companies. com use cookies on this site. The S&P/ASX 200 index has given back yesterday's gain and dropped notably lower on Wednesday. I was told they are calling all shareholders just as a reminder given the deadline is approaching. Lynas has never reported a profit until this past year, despite five+ years of active mining… and since the mine opened in 2011, the share count has ballooned from 167 million to 600 million as they’ve raised more money to keep the work going. There are currently 404,596,562 shares in issue and the average daily traded volume is 277,797 shares. Ltd Stock Chart and Share Price Forecast, Short-Term "LYI" Stock Prediction for Next Days and Weeks Walletinvestor. 0 Chairman Wong Tack, who had walked from Kuantan to KL. Lynas Share Price Dips 3. SHARES in rare earths supplier Lynas Corporation plunged by 9 per cent on today as the company denied. The Rio Tinto Ltd share price gained 0. View LYSCF historial stock data and compare to other stocks and exchanges. Careful use of debt to boost returns is often very good for shareholders. The rare earths miner says it's looking forward to working with the new. Lynas Corp and others. Lynas Corporation: shareholder entitlement offer (2014) reports on an offer in which 150 million new shares to institutional investors raised $83 million and existing shareholders were given a renounceable offer of 5 new shares priced at 9 cents a share, 2. Lynas says share price drop due to change in government Company News by Anna Napoli May 15, 2018 11:32 AM Email Alerts for: ASX:LYC Lynas has attributed yesterday's 9. Lynas, the largest rare earths producer outside China, signed a memorandum of understanding with the mining town, where the city will help attract workers for the potential processing site. 55 before China took its foot off the supply chain, and problems producing the complex material clubbed Lynas back down to as low as 3. The stock price of Lynas Corporation Limited (ASX: LYC) last traded at $1. Will Lynas Corporation stock price grow / rise / go up?. Just cut a 6 1/8" hole and drop it in until the rolled edge is seated to the top of your guitar. Lynas shares dropped 17 per cent in early trade on Thursday on news that the average selling price of its rare earths slipped more than $4 to $18. Lynas no need strong marketing and no need tv advertisement. Authorised capital is the nominal or par value of the maximum number of shares the company may issue without seeking further shareholder approval. Find the latest LYNAS CORPORATION (LYSCF) stock discussion in Yahoo Finance's forum. Galileo Resources Plc Ord 0. 5 per cent share price read more. Just cut a 6 1/8" hole and drop it in until the rolled edge is seated to the top of your guitar. Lynas was incorporated in 1983, and specialise in. Lynas Can't Afford Further Delays. I just rang Lynas to check that the call I received on Friday was from them. HotCopper has news, discussion, prices and market data on LATIN RESOURCES LIMITED. LYNAS CORPORATION LIMITED (ASX:LYC) - LYC Mispricing Article Latest Posts. Lynas won't cash in on the sharp short-term increase in rare earths prices related to the US-China trade war, saying it will stick to the long-term strategy it announced last month. Challenges of rare earths - Wright et al - Sep 2016 - Argus Rare Earths Conference - Greenfields Research / Rowton Ltd. com is at best delayed intraday data and not "real time". Shares in Lynas (ASX:LYC) are trading 1. To me it seems doubtful whether all the marketing expenses used for acquire merchants and customers will flow back in the end. The rejection came a day after Wesfarmers launched a bid of A$2. So it is worth checking the past earnings trajectory of Lynas, (below). Metro Mining Limited (MMI) Overview. It employs a skilled workforce of 85,800 people in over 40 countries, and work closely with local partners to support economic development by transferring knowledge, skills and technology. It focuses on the exploration, development, mining, and processing of rare earth deposits. The S&P/ASX 200 is just below the zero level. 4 per cent to close at $1. L - news) bought some stock on Thursday, braving a share price drop after the company reported a 38. Lynas Corporation Limited (ASX:LYC) shares have been a big mover this morning following the release of a quarterly update. 82 back in February. Price target in 14 days: 2. The Sydney-based company's shares have dropped 17 percent since reaching a record on Oct. Galileo Resources Plc Ord 0. Wesfarmers appears to have formally abandoned any immediate hopes of acquiring rare earths producer Lynas, judging by the fact the proposed $1. Lynas Corp shares dive as rare earth prices disappoint. News Corporation (ASX:NWS) shares rise 2. Wesfarmers is not ready to give up its pursuit of Lynas Corporation despite the takeover target's share price soaring on the back of support from Malaysia Prime amp video_youtube May 31 bookmark_border. Lynas to Sell Shares, Defer Debt After Rare Earths Slump. A serious offer will have to be well above their price; not surprisingly, a bid in which they tried to account for a. China has been the most dominant player in the production and export of rare earths. According to a report from Bloomberg, iron ore traded on China's Dalian Commodity Exchange.