I really feel sorry for people that listened to these so called experts that hold no shares but write lengthy down ramping statements there credibility is shot to ribbons. I always advise people to do your own research I am not an expert I am just a punter that is willing to throw a few dollars into something that I see value all my workmates decided to punt with me some have made over 6 figures one guy put his whole super into it after losing a lot in other shares the lowest amount from the people I know is 32k holding for about 6 months.
there is a focus while reading through why it cant succeed but as it is plain to see there is has been a deleveraging of risk there should be a focus on good reason why it can succeed
Barrier to entry is high it cost over a billion dollars to set an operation like this up
Outside of china no major producer of rare earth it is not a startup it is producing product with a good customer base that its gaining reputation as a quality stable product. they have accumulated intellectual property by production manufacturing know how
Great management such as Amanda Lacaze which has turned around the business.
you can track the whole RE process from mine to customer very important for accountability
As ausheds and many others pointed out there is only a small increase in RE prices to exponentially increase profitability
of course the trump saga has been added too it is a geographical powder keg in the south china sea it is not a matter if it is a matter of when. Do you really think the chinese want to lose face? reprocussions will be inevitable
Petrol is out electrical driven devices are in and increasing gentlemen and Ladies the world is changing
So my feelings are maybe all the holes in the cheese will align and the SP will only increase. I have a lot of buffer between outlay when I bought and the price till now now which I believe will and can only increase I not a fan of free carry and into Lynas for the long term
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Last
$6.90 |
Change
0.090(1.32%) |
Mkt cap ! $6.449B |
Open | High | Low | Value | Volume |
$6.94 | $6.95 | $6.79 | $17.23M | 2.502M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20 | $6.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.90 | 970 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20 | 6.880 |
2 | 7986 | 6.870 |
4 | 15139 | 6.860 |
2 | 11891 | 6.850 |
2 | 8893 | 6.840 |
Price($) | Vol. | No. |
---|---|---|
6.900 | 970 | 1 |
6.910 | 16084 | 7 |
6.920 | 32176 | 6 |
6.930 | 16326 | 5 |
6.940 | 12391 | 2 |
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