Conspiracy Theory Warning!!!!!!
Maybe management ie. Nick and his banker mates are short Lynas and using us all for a cash cow. (IMO)
Announcement beginning of January sets us up for hope while they short the hell out of the stock over the next couple of months.
Next announcement sets up another short run etc.
Can't think of any other reason that this stock is continually made the realm of the hopeful holder through announcements that take for ever to eventuate that actually never deliver what is promised whilst these games are played.
Each announcement keeps the buy in going however it does not deliver. Now we wait for production announcement and all of a sudden there is a negative balance in Malaysia to counter any potential upside.
Someone is in on the joke and its not anyone here on HC thats for sure.
Maybe in a year or 2 it will actually take off however could have made a small fortune elsewhere in that time.
Actually given the SP currently you would be best off not having invested a cent at all due to the amount of downside.
Is it just a waste of time and money? Well I guess we ill see when everyone is moaning about the SP in October being 50c and the company in full production ;)
(Why do they not have Sentiment: Could hardly care anymore)
today will show , page-25
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Last
$6.25 |
Change
0.080(1.30%) |
Mkt cap ! $5.841B |
Open | High | Low | Value | Volume |
$6.25 | $6.26 | $6.17 | $15.83M | 2.513M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 18985 | $6.22 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.25 | 53073 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 18985 | 6.220 |
2 | 50325 | 6.210 |
3 | 18949 | 6.200 |
1 | 22631 | 6.190 |
1 | 81 | 6.180 |
Price($) | Vol. | No. |
---|---|---|
6.250 | 53073 | 5 |
6.260 | 17945 | 4 |
6.270 | 16511 | 5 |
6.280 | 26784 | 3 |
6.290 | 37117 | 6 |
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