"If you are highly emotional about the actions of the Lynas management at this point in time, please review your portfolio and decide whether you need to reduce your holdings to a level you are more confortable with"
Management of Lynas is great. The management is doing a good job of develloping a resource and bring the company to production.
What is not satisfactory is that one or two individuals appear to be using Lynas as a vehicle to feather their own nest at the expense of Lynas shareholders. Should we stand by and let certain individuals with power in Lynas skim off assets now for their own gain, assets that appear to have great future value for Lynas.
This is what appears to be happening.
Would you sell woolworths shares because they have shoplifters raiding their goods or would you sell Westpac because a wayward bank manager was siphoning off cash. Is there a difference.
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Last
$6.80 |
Change
-0.100(1.45%) |
Mkt cap ! $6.356B |
Open | High | Low | Value | Volume |
$6.78 | $6.80 | $6.69 | $13.60M | 2.014M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 13933 | $6.78 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.80 | 1389 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5667 | 6.780 |
2 | 6500 | 6.750 |
1 | 3000 | 6.730 |
2 | 3200 | 6.720 |
2 | 4480 | 6.700 |
Price($) | Vol. | No. |
---|---|---|
6.800 | 200 | 1 |
6.820 | 383 | 1 |
6.880 | 5000 | 1 |
6.890 | 1550 | 1 |
6.900 | 23748 | 7 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
LYC (ASX) Chart |
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
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