Not worried at all now, in fact I am back in.
Everything in the report was announced already, if you didn't know it, you didn't do your research. Auditor statements always give cautionary notes, read any company report.
There has been a gap from 5.7 to 6.1 for ages now and this has just been the excuse to close it by playing on people's fears. The gap was why I sold last month and took a loss.
Next ann' will explain AL's cheaky grin in her last interviews and it is onwards and upwards for LYC from here.
REE prices ARE improving, not at the pace lithium Gen Y style investors want but companies aren't starting to build RE plants like they are now because they expect to lose money. Check out ALK for eg.
Back in at 5.7 and happy to be c'ause I had massive fomo for what is coming for lyc.
FY16 Financial Report, page-12
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Last
$7.14 |
Change
-0.200(2.72%) |
Mkt cap ! $6.673B | |||
| Open | High | Low | Value | Volume |
| $7.34 | $7.34 | $7.13 | $39.28M | 5.467M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1546 | $7.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.15 | 72361 | 6 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |