LYC 2.10% $7.92 lynas rare earths limited

end of the game, page-4

  1. 5,436 Posts.
    Hi rareeartsinfo , Your post reminded me of the Melbourne Cup.
    The owners invest because they know their horses ,the breeding ,the history , performance in the wet or good ground etc etc .
    They know what they are doing. Others read the tea leaves, dreams ,stars, go for the tips , just want to be in the cup
    but haven t got a clue what they are doing.
    Anxiety rises,ppl make lot of noise because no one likes to lose the $10 bet .
    Did you put yr $10 on the hot favorite ?So you think? . Back luck ran second ! That horse was sold for millions after the race and he is still winning big races now. The owners are happy.Got a good future .
    Likewise ,the ones that invested in LYNAS because of the fundamentals know well enough that even the favorite can run second. Certain things cannot be helped . The value would remain there for years to come.
    We know that Lynas will come in to production before many other hopeful ree. That s what counts. The demand for re would always be there.

    If you believe that there will fewer customers to buy rare earth because of the global financial crisis. Why the fuss of pushing LYC to come into production soon ?

    IMO We will have down days,cannot win every race.but at the end things will fall into place .

    It s a long distance race. The front runners don t usually make the distance. LYC will power home for the LYC holders to collect the dividends.
    If you can t afford to lose yr $10, then don t bet and don t watch the race either.


 
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$7.92
Change
-0.170(2.10%)
Mkt cap ! $7.360B
Open High Low Value Volume
$8.03 $8.03 $7.84 $8.546M 1.080M

Buyers (Bids)

No. Vol. Price($)
10 2770 $7.92
 

Sellers (Offers)

Price($) Vol. No.
$7.93 8755 17
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