LYC 0.78% $7.76 lynas rare earths limited

lynas, a value investment..., page-20

  1. 950 Posts.
    Qtrade. Agree on what is causing the current unrest. However if/ when we get the ok in Malaysia what do you think the sp will be. Surely if that gets the green light it will be massively undevalued and on that basis I think we are currently undervalued given that risk. It's a big call but I would say with the Japanese on board the risk in malaysia is not as great as the current sp is showing. However I see the next month as the most volatile because there are possible huge gains should it get the ok but any sniff of trouble and the shorts will be all over it. I sold out at 2.20 back in at 2.09. Would have been nice to get outat $2.50 and sit back and watch but now i expect a few runs back up.
 
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