If all the Lynas containers that have been stuck for more than 9 months suddenly move then I am sure Lynas will go back to 100%
Shipping will have a big impact on Lynas Performance. A world wide Stock market corrections will have a large impact on Lynas stock price My guess a 50% decline from $7.00 which is about the average for last month or so. I have no idea what will trigger the correction but Logistics is one of my top 5 out of ten. Inflation and Interest rates are both higher. 50% is min it could be more. I am talking to the bottom before it goes back up. $2.00 would not surprise me but I would not stand behind that as a prediction.
LYC Price at posting:
$6.54 Sentiment: None Disclosure: Held
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