You are right, it was a crazy day, I managed to get some away at 315 & 313, but made the mistake of not chasing it a bit lower as my broker fumbled accounts.
Opened at 314, very briefly touched 316, then traded all the way down to 253, before closing at 277.
Previous day was rather opposite, opened 236, traded to 315, and closed 305.
Therefore while 316 the trading high 305 is the closing high, stretching back to 320 on 19th Feb 2014, break above that would put it in clean air until a little ancient congestion ~400.
Nearly seven years ago, this thing is a massive exercise in patience, putting it politely, but then some have stuck around in the wannabes that and even longer with virtually no movement or any real business development, Lynas has built the base, now we're waiting for mkts, and particularly Govt's, to catch up.
LYC Price at posting:
$2.83 Sentiment: Buy Disclosure: Held
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