efed,
You read my mind.
The reason of my post was partly because i recently stumble across another post from an investor who was so fed up with Lynas and decided to get out.
Why now? the have just recently laid out the fundamentals, phase 2 is almost completed, we are currently at the quality control stage of our first shipment of products. Few more steps and we are there.
About fund to sustain our operation for the bad weather. I don't understand why would someone think that Lynas will not be able to secure more funds? they did when they were in very bad position last year (political issue, phase 1 was not completed, technical issues..). why can't they get more funds now? provided that they do need to.
The future is just around the corner. If you hold it then, why give up now.
warren buffett's investing lesson number 1!, page-3
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Last
$7.02 |
Change
0.000(0.00%) |
Mkt cap ! $6.561B | |||
| Open | High | Low | Value | Volume |
| $6.92 | $7.09 | $6.86 | $26.51M | 3.784M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5100 | $7.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.04 | 8902 | 1 |
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| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |