LYC 0.78% $7.76 lynas rare earths limited

aru rising.... lyc edging down, page-18

  1. 19,004 Posts.
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    rags, I can see on the graph why you think it will drop into the teens, but it is starting to look very unlikely imo.

    I think the company today is a very different one from when it was last trading at 15c, and as such I don't expect it to revisit such start pre-depression levels.

    Seemed to be some interest today from people sensing a turn, but volume only 118% of 100 day average for 0.6% of issue traded. It is still possible that it will pull back on general market weakness, as I suspect seller still has some to offload.
 
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