Hi all, newbie on this thread so go easy on me.
Have been researching (annual reports, video presentations, news etc) Lynas over the weekend and see an opportunity here to jump in for a long-term hold. Positives seem to far outweigh the one possible BIG negative of the Malaysian government halting operations based on health/environmental safety concerns. If I am to believe CEO Amanda’s comments regarding safety levels (which staff and local fishermen reiterate) this looks like a no brainer but that one bugbear has me balking.
If things were to go pear-shaped in Malaysia does Lynas have other options for processing?
I will look to tap into the public hearing which is due to commence around 12noon our time, EST.
Thank you and GLTAH.
Today's chart & trading, page-1453
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Last
$6.11 |
Change
-0.180(2.86%) |
Mkt cap ! $5.711B | |||
| Open | High | Low | Value | Volume |
| $6.12 | $6.15 | $6.07 | $17.65M | 2.889M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 26354 | $6.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.15 | 3758 | 2 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |