LYC 0.33% $6.07 lynas rare earths limited

what to say, page-7

  1. 423 Posts.
    Glad to hear it. During past corrections, I just got sick of all the negativity, and ignored the market for 3 months, after that it was usually back to normal.

    This time, in my infinite wisdom, I geared up after the market dropped the first 20-25%. Around May. Sadly, I was about 5 months too early - so far.

    Due to the structure of my arrangements, a margin call is still a long way off, but it is still a possibility, so I don't feel I can just ignore the market. Very annoying, and I'm trying to sell down holdings wherever possible now - in other words, whenever a parcel gets to breakeven, I'm out. Haven't had too many opportunities yet.

    For me, it's vital that I avoid the forced sales, because that is what causes annihilation. If I get through this, it'll all come back, good as gold, but if you're forced to sell at the bottom, you're screwed, big time.
 
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Last
$6.07
Change
0.020(0.33%)
Mkt cap ! $5.673B
Open High Low Value Volume
$6.08 $6.09 $6.02 $35.62M 5.828M

Buyers (Bids)

No. Vol. Price($)
4 298927 $6.06
 

Sellers (Offers)

Price($) Vol. No.
$6.07 30108 3
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
LYC (ASX) Chart
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