Have taken a pretty nice size position today at 107.5. Can't help thinking this is a bit of a golden opportunity to get set in LYC at real value prices. Obviously one can never be 100% certain of court outcomes, but I suspect if the finding is favourable tomorrow ( or the next day) for Lynas then people may look back at these prices in amazement in years to come given how much positive news is lined up for this stock in the very near future.
As was posted in another thread. The UGL people are leaving Malaysia. The completion of the lAMP ann. is probably only a week or so away. Then there will be the first shipment.
Seems to me tomorrow's decision is the real catalyst for long term holders to begin realising the fruition of what they have been waiting so long for.
Anyway, good luck to everyone.
court 4/4, page-8
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Last
$7.69 |
Change
0.080(1.05%) |
Mkt cap ! $7.187B | |||
| Open | High | Low | Value | Volume |
| $7.67 | $7.78 | $7.63 | $9.690M | 1.258M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 46595 | $7.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.69 | 45838 | 3 |
View Market Depth
| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |