Lynas is a great company and stock. First and foremost it is because Mt. Weld is a great resource and the LAMP will create world class operations and integration in this industry.
NC deserves credit for taking a junior and moving along a two massive building projects with success. But the resource and projects are why I am in LYC. And I'll be happy to buy all the shares that anyone wants to sell if there is no NC. And if he takes that dull wooden Matthew James with him, that's OK too.
NC is wrong to try to sell Crown to Forge. And Lynas' reasoning on the deal is absurd. I will vote NO and fight against it. But after the vote I will focus on the continued development of the company. That is why I bought Lynas, and it's why I add to it.
But I do disagree with nursery that NC's attempted China actions invalidate all of NC's work. No investor should live in the past that much IMO.
Guys who stuck with Lynas through those tough times deserve the gains in the share price and their low cost basis- but nothing more. All of our shares are equal as they should be. Old timers are getting high on their horse IMO. You guys bought a shunned stock for a dirt cheap price on the open market. Good job. Enough said IMO.(By the way, all posts are equal too. The reader decides what they like.)
I'll save my admiration for the guys that built Mt. Weld and were out a job when the bond holders backed out. It takes real guts to face the family after that uncertanty. And then go back to WA when the project resumes is certainly worthy of my admiration. I wish Lynas would list these guys names on the website in recognition. Old time and large share holders can get in line behind those guys in the pit as far as I'm concerned.
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$7.02 |
Change
0.100(1.45%) |
Mkt cap ! $6.486B |
Open | High | Low | Value | Volume |
$6.92 | $7.03 | $6.90 | $4.265M | 612.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 3256 | $7.02 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.03 | 8724 | 32 |
View Market Depth
No. | Vol. | Price($) |
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13 | 3050 | 7.020 |
25 | 12203 | 7.010 |
17 | 19202 | 7.000 |
10 | 7721 | 6.990 |
9 | 13809 | 6.980 |
Price($) | Vol. | No. |
---|---|---|
7.030 | 8631 | 32 |
7.040 | 27658 | 15 |
7.050 | 83613 | 21 |
7.060 | 19498 | 11 |
7.070 | 80295 | 9 |
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