LYC 1.94% $6.04 lynas rare earths limited

NdPR price, page-774

  1. 7,510 Posts.
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    For those that think this will be fast once inflation is under control here is something to think about in 2000 The Nasdaq composite reached $5068.42 it fell as low as $1384.00 in 2003. It did not reach 5000 again till 2015 when it hit 5218.86. Until you are invested during a couple of these thigs it is realy hard to appreciate what will happen. Historically they happen about every 6 to 7 years It has been 15 years since 2008. Many believe this will be lower in price and because it has been the longest bull run ever and largest % increase and time.

    If you want to Check my numbers they are in link posted above.

    Here is an example to think about Amazon in 2000 had rapidly growing profits and revenue. Better than most DJI companies. 12/6 / 1999 it reached a high just over $120, Late October 2001 it was under $6.00 well below its FMV it did not go over $100.00 again till October 2009 people who waited for the bottom to pass and bought at $20.00 in early 2002 had the best annualized gain. with fairly low risk.

    i was invested in Amzone got out too early at about $80. Startd shorting about $100. Got back in at 20 and still have some but have sold many to keep it below 10% of my holdings. Right now Lynas looks like it may be a repeat. Don't think lynas went up on optimism in 2018 they had profits of 53M aud and revenue of 374M in 2021 they had profits of 157M a gain of 228% and revenue of 498M a gain of about 33% yet the stock went from 1.88 in September 2018 to 7.54 in sept 2021 a gain of 300% So to figure out what is driving it down you have to first figure out what drove it up.
 
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Last
$6.04
Change
0.115(1.94%)
Mkt cap ! $5.627B
Open High Low Value Volume
$6.02 $6.08 $5.97 $4.780M 793.2K

Buyers (Bids)

No. Vol. Price($)
19 14953 $6.03
 

Sellers (Offers)

Price($) Vol. No.
$6.04 3482 24
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Last trade - 12.02pm 09/08/2024 (20 minute delay) ?
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