It’s not just LYC that suffers from hype, it’s the whole RE sector. There are some RE stocks that should just not be around today. I believe the junior companies employ really good marketing strategies to push the hype. Take Adamas “intelligence” for example. Believe they are funded by RE juniors to publish glowing reports on the RE sector potential. One of the worst for it.
Not to say there’s no opportunity to make money. Just got to get the entry timing right.
IMHO.
Deciphering Lynas, page-992
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Last
$6.16 |
Change
0.050(0.82%) |
Mkt cap ! $5.757B | |||
| Open | High | Low | Value | Volume |
| $6.16 | $6.29 | $6.14 | $17.46M | 2.821M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8398 | $6.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.17 | 6000 | 2 |
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| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |