LYC 3.42% $7.34 lynas rare earths limited

2013, the adventure begins., page-25

  1. 2,364 Posts.
    Timmo I absolutely disagree with your last post.

    The market determines what you can buy/sell a share for not what it's worth. And markets are often wrong; they have no divine authority nor absolute knowledge.

    Was Poseidon REALLY worth, $0.80 in 1969 and $200+ in 1970?
    If I buy a Turner at a market for $20 and sell it for $2m at auction are both markets right? Of course not in both cases.

    I also think the market's wrong about Lynas's value at present and hope/expect that will change. Won't elaborate on that on this thread.
 
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