LYC 0.23% $6.39 lynas rare earths limited

Technical, page-591

  1. 6,199 Posts.
    lightbulb Created with Sketch. 998
    Even at +37% you should not have sold your shares to Ensign Pea-pod. LYC rose from $5 to $8 since you sold taking 80% profit.

    80% profit at $5 puts your basis at $2.77 and thus you took $2.23 profit per share sold. If otoh you had "just listened" and given yourself a few more months, you would have added an additional $3 profit per share.

    Had you waited until now to sell those shares, you would have yielded 190% total profits, or 60% additional profit on 100% of the profit you took back at $5 (instead of just 37% profit on just 25% of the profits you took, which is really lame and not a full accounting).

    I know you don't like math, but your logic fails to impress as well.

    Instead of trying to recapture your high horsey (silly because I will just knock you off again), you would be better served finding someone who can do math and logic for you.

    Or play it really safe and "just watch".

 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.39
Change
-0.015(0.23%)
Mkt cap ! $5.986B
Open High Low Value Volume
$6.47 $6.48 $6.34 $14.93M 2.325M

Buyers (Bids)

No. Vol. Price($)
56 43822 $6.38
 

Sellers (Offers)

Price($) Vol. No.
$6.39 12594 24
View Market Depth
Last trade - 14.46pm 12/07/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.