here's an extract from http://www.smh.com.au/business/permit-worries-send-lynas-back-down-to-earth-20111019-1m82f.html
-------
But Lynas said the announcement was made in response to incorrect claims made by protesters that it was set to begin shipping rare earth concentrate to the plant by the end of the month. ''No decision is expected to be made for some weeks,'' the company said.
-------
In my opinion, LYC is the most unlucky stock out of all.
1. SP fell 10% because government issue a statement to refute the protesters. Not Lynas's fault.
2. SP fell 10% when the outlook for Molycorp was downgraded. Again not Lynas's fault. (although the JP morgan report touched base on rare earth overall)
3. SP fell when the financial report posted losses. Lynas has not even start production yet so obviously there's not going to be substantial income.
4. SP fell again when the IEAE reported lynas need to do some recommendation change but everything was safe overall. (I think this is more influenced by the "delay" than the safety aspect).
Tsk tsk tsk
- Forums
- ASX - By Stock
- LYC
- today´s lynas announcement in asx
today´s lynas announcement in asx, page-2
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
|
|||||
Last
$6.80 |
Change
0.000(0.00%) |
Mkt cap ! $6.356B |
Open | High | Low | Value | Volume |
$6.85 | $6.89 | $6.77 | $9.256M | 1.356M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 12357 | $6.79 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.80 | 13181 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 12357 | 6.790 |
2 | 6000 | 6.780 |
3 | 12113 | 6.770 |
2 | 25312 | 6.760 |
2 | 12498 | 6.750 |
Price($) | Vol. | No. |
---|---|---|
6.800 | 9043 | 4 |
6.820 | 20113 | 5 |
6.830 | 8832 | 1 |
6.840 | 8832 | 1 |
6.850 | 9432 | 2 |
Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |