Timmo I absolutely disagree with your last post.
The market determines what you can buy/sell a share for not what it's worth. And markets are often wrong; they have no divine authority nor absolute knowledge.
Was Poseidon REALLY worth, $0.80 in 1969 and $200+ in 1970?
If I buy a Turner at a market for $20 and sell it for $2m at auction are both markets right? Of course not in both cases.
I also think the market's wrong about Lynas's value at present and hope/expect that will change. Won't elaborate on that on this thread.
2013, the adventure begins., page-25
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Last
$6.12 |
Change
-0.170(2.70%) |
Mkt cap ! $5.729B | |||
| Open | High | Low | Value | Volume |
| $6.12 | $6.15 | $6.09 | $5.954M | 972.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 9125 | $6.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.13 | 17061 | 37 |
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| Last trade - 11.57am 02/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |