Jim B, Thanks for your analysis and I think there is no doubt, everyone on Lynas forum knows that the intrinsic value of Lynas is way way way higher than the current share price.
The market is looking for a rate hike by the Fed in December and further easing by the ECB, so these are going to be a pivotal two weeks to set us up through the end of the year.”
Once there is a clear pathway and optimism among the investors that the Fed's decision is not going to derail the global economy growth, then investors will look for companies with huge growth and guess who would be on top of the ladder "LYNAS and LYNAS'.
Until the dust is settled and confirmation of the uptrend is clear, I will be watching with interest and ready to take a huge bite in this delicious cake (LYNAS).
Good luck
All IMO
Restate In-Ground Asset Value, page-5
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Last
$7.04 |
Change
-0.110(1.54%) |
Mkt cap ! $6.580B | |||
| Open | High | Low | Value | Volume |
| $7.14 | $7.14 | $6.93 | $27.05M | 3.859M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 153694 | $7.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.04 | 51746 | 5 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |