LYC 3.47% $6.67 lynas rare earths limited

The harder they fall..Nothing screams "Good value" like buying a...

  1. 1,513 Posts.
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    The harder they fall..

    Nothing screams "Good value" like buying a $10bn company with $286m in revenue.

    There's going to be some serious bag holders on this one.

    https://hotcopper.com.au/data/attachments/3943/3943408-96e383faa767a784a2beb7feb4ef8f45.jpg
    I've finished buying my puts on LYC throughout December. If LYC can somehow defy gravity, the next and final target is first week in March when the financials will come out. 2 week expy put options should yield somewhere between 5-50x bags when the numbers come out.
 
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$6.67
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$6.74 $6.77 $6.62 $47.96M 7.165M

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5 97163 $6.66
 

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Last trade - 16.10pm 24/05/2024 (20 minute delay) ?
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$6.65
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