Many of you are seeing too much red to actuallly read between the lines..
There are alot of positives about Lynas over the past month:
1. Lynas beyond doubt scientifically proven to be safe.
2. Royal family backs international firms in Malaysia to grow economy and put rice bowls on tables, singles out Lynas.
3. TOL stay appeal dismissed.
4. Immediate CR which to me would suggest all systems go.
5. Instos buying at premium to todays price @75c under 1st tranche of CR.
6. MS closing out short positions.
7. Todays notice Lynas are almost blazay about appeal which would suggest - dont stress its under control.
8. SMSL resorting to tactics such as marching 300km, public support dwindling. Green peace is their last resort.. lol.
9. RE pricing on the increase, Japan sourcing its RE outside of China.
Looks to me if you bought in yesterday you will do quite okay.
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Open | High | Low | Value | Volume |
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---|---|---|
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3 | 37597 | 6.320 |
3 | 24770 | 6.310 |
4 | 14769 | 6.300 |
2 | 14634 | 6.290 |
Price($) | Vol. | No. |
---|---|---|
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6.360 | 202 | 3 |
6.370 | 8000 | 1 |
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