LYC 0.64% $7.90 lynas rare earths limited

how lynas can get out of this mess, page-26

  1. 1,921 Posts.
    lightbulb Created with Sketch. 2
    True Cafa....it is a punt and a very risky one indeed. Particulary when my whole portfolio is Lynas. I normally am a short term trader and have done well but am stuck in Lynas up to my neck.
    I have never used stop losses as they are the first target of the pro's and if the SP of one of my stocks went down then I would wait it out until it got back or close to and then out.
    However with Lynas I unfortunately fell in love and have paid the price by not trading it, but its not over yet. The fundamentals are sound, the plant is actually up and running and producing and it has an enviable poition in the world of REE's.
    As a company it has been to Hades and back and what we are going through is not new just another hurdle which I am sure we will survive.
    But I will never do this again if I ever get the chance.

    Talk to a financial adviser??? All they want me to do is invest in the bank that pays them the highest commission!
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$7.90
Change
0.050(0.64%)
Mkt cap ! $7.309B
Open High Low Value Volume
$7.99 $7.99 $7.76 $28.26M 3.589M

Buyers (Bids)

No. Vol. Price($)
1 14205 $7.83
 

Sellers (Offers)

Price($) Vol. No.
$7.91 44842 2
View Market Depth
Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.