LYC 0.86% $6.43 lynas rare earths limited

scenario, strategy, battle and war, page-17

  1. 10,370 Posts.
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    When I was observing the number of sellers at 0.125 and 0.120 (done), I am happy to know that only around 100 retail investors out of 5 per cent of 40,000 who executed the scenario that I posted. In other words, only few retail investors act opportunistically to sell their shares at 0.120. This is a good sign.

    I keep reminding myself that Lynas has 1.9 billion shares outstanding. Only around 22 million shares have caused this down trend (only 1.16 per cent).

    Lynas is a large corporation with sophisticated manufacturing facility and huge deposit of REE minerals, and finished products required by many people.

    There is a light in the end of the tunnel.

    Please NOTE that I may be WRONG. Please do not follow my belief.

    DYOR. gain or loss is in your own hands. This is my personal opinion.
 
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Last
$6.43
Change
0.055(0.86%)
Mkt cap ! $6.005B
Open High Low Value Volume
$6.45 $6.49 $6.40 $7.328M 1.140M

Buyers (Bids)

No. Vol. Price($)
25 20170 $6.42
 

Sellers (Offers)

Price($) Vol. No.
$6.43 13702 31
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Last trade - 15.03pm 09/07/2024 (20 minute delay) ?
LYC (ASX) Chart
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