"What are your odds on the TOL being given the green light on Nov 8 and what effect do you think that will have on the shareprice? At what price would you consider buying LYC?"
My guess for remove of TOL suspension by mariana on nov. the 8th is 15:85.
If suspension will be stay until judicial review is finalized, i expect a shareprice lower than 0.40 aud but even till november the shareprice could fall significant.
If the suspension will be removed on nov. the 8th. i surely expect a rise of 30-50% on this day!
Bevore Nov. the 8th i would not buy lynas. If lynas crashes to 0.40 aud bevore november i possible would buy a small amount. dont know.
on november the 8th i would buy some shares, if suspension will be removed. If not, i possible will never again buy some lynas shares.
LYC Price at posting:
67.5¢ Sentiment: ST Sell Disclosure: Not Held
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