LTR is a different category. LTR hasn't been mining for the past decade, so you're comparing it with the wrong stock. Obviously, big investor buying is good. They won't move on from an investment after reading a shorter's post on Hotcopper or making a 10% return on investment. Importantly, they don't invest if they don't have confidence in the future prospect of the underlying commodity.
Obviously, big investors could be wrong in their assumptions, but they aren't just day traders or Hotcopper analysts with an Excel spreadsheet to evaluate a company's worth in my opinion.
News: LYC Australia's Rinehart takes stake in Lynas Rare Earths, page-9
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Last
$6.26 |
Change
-0.030(0.48%) |
Mkt cap ! $5.851B | |||
| Open | High | Low | Value | Volume |
| $6.29 | $6.30 | $6.24 | $12.71M | 2.028M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 13629 | $6.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.27 | 9053 | 2 |
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| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |