Thank you for post it explains many things. I too Bought GWM when I sold all my MCP, I thought MCP was severely overpriced from hype about China's embargo of Japan. Because I had been talking to Tolly a lot about Lynas I primarily bought Lynas, also took a position in GWM. Not knowing a lot about company other than it was a start up in REE space and had LCM a great asset. It did not take long to realize they were just stumbling in Africa. I exited losing a few cents per share. I followed them without owning them till just before bankruptcy, thinking if they could fix a few things they could be a great buy. Same as Lynas today. I remember them selling LCM before GWM went BK. I do not remember them separating LCM out as a new company and giving current GWM holders shares in the new company. It was an outright sell to raise cash. If I am correct, you have no shares in LCM. As a stock holder you might know better please correct me with references if I am wrong.
The fact you held GWM till its shares were worth less than a penny tells me a lot about your current attitude about Lynas. Apparently, you learned nothing from your GWM loss. We have all had multiple big loses. My biggest reduced my portfolio by about 40%. Learning from them makes you a better investor. Not learning means you will repeat your mistakes.
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lynas rare earths limited
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Last
$10.14 |
Change
0.020(0.20%) |
Mkt cap ! $9.485B |
Open | High | Low | Value | Volume |
$10.14 | $10.25 | $10.02 | $65.63M | 6.468M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 700 | $10.10 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.15 | 500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 200 | 10.100 |
2 | 9000 | 10.090 |
2 | 2270 | 10.080 |
3 | 13000 | 10.070 |
2 | 6176 | 10.060 |
Price($) | Vol. | No. |
---|---|---|
10.150 | 500 | 1 |
10.160 | 200 | 1 |
10.180 | 450 | 1 |
10.190 | 3170 | 3 |
10.200 | 23155 | 4 |
Last trade - 16.14pm 23/07/2025 (20 minute delay) ? |
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LYC (ASX) Chart |