LYC 1.32% $6.90 lynas rare earths limited

will we see a form reversal today, page-6

  1. 1,155 Posts.
    let it go to 0.40 hows that. (I wont shed a tear for the idiot longs who sell below 0.60)

    Lynas is a long term investment. Mineral prices have cycles. We are on the low side now.

    The $ 800M plant and Mt Duncan is not going anywhere.

    I worked out that even if the basket price drops a further 33%, the share price is still worth $ 1 by June 2015 which gives holders a return of 33 % per annum.



 
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$6.90
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0.090(1.32%)
Mkt cap ! $6.449B
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$6.94 $6.95 $6.79 $17.23M 2.502M

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No. Vol. Price($)
1 20 $6.88
 

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Price($) Vol. No.
$6.90 970 1
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