LYC 0.65% $7.60 lynas rare earths limited

LYC: Insanely overvalued, page-223

  1. 101 Posts.
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    Should I take your comments personally?
    Please! the basis of my comments is to identify forces that are pushing the SP down.
    A FAIRLY mature observation of which I'm entitled to make.
    I'm not for one moment criticising the BOD. In fact in the past I have openly thanked them on HC for their exceptional work.
    I of course agree with you, there are many projects at various stages of development which in combination with contracts and the growing global need for REE; the SP will recover and continue to grow over time.
    This is why I'm a shareholder. But the markets are in a period of uncertainty and LYC is very vulnerable to such swings.
    Somewhat related, as I've mentioned before, I believe that reducing the number of shares through a buyback would increase the SP and possibly stabilise the price.
    Incidentally the price on Tuesday opened at $8.90 and closed at $9.29. On Wednesday it opened at $9.03 and closed at $9.12.
    For your benefit and others who require a disclaimer, this is all IMHO.

    Hopefully people can keep a focus on the opinions and beliefs of everyone. And show the respect to others for their contributions.
 
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$7.60
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$7.46 $7.71 $7.44 $29.48M 3.879M

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No. Vol. Price($)
1 6053 $7.59
 

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$7.62 2994 1
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