I have read your opinions regarding my message.
What I am saying is that it is cautious to wait to invest in Lynas until pre operating license is granted.
We need facts. And facts will be provided when a positive announcement regarding license is launched. Further declarations day after day of Malaysian Goverment regarding improving and accomplishing IAEA requirements, would help while LAMP is finishing.
And this has to do with further efforts on transparency.
Meanwhile is more safe to be out of the stock despite I like a lot the company. LYNAS is the greatest company (not stock -for the time being-) worldwide in the sector with a promising future.
I have not doubt wise management will do its best, but there are things that do not depend on them.
Politicians can take erratical decitions and this could include China in the game chess.
I maintain a 0,32$EPS 2012 at an average Mont Welt price of 65$ (today over 150$) which implies right now a PE of 3,28. Lynas could be quoting at 3$ easely today which would be totally reasonable but I gues hedge funds (HF) will not close their positions until license has more visivility.
I will not fight against HF since they are powerful and there s "O" regulation on the matter. Right now, we are in a casino.
- Forums
- ASX - By Stock
- LYC
- pre operating license
pre operating license
Featured News
Add LYC (ASX) to my watchlist
|
|||||
Last
$6.88 |
Change
-0.040(0.58%) |
Mkt cap ! $6.430B |
Open | High | Low | Value | Volume |
$6.92 | $7.05 | $6.83 | $13.27M | 1.918M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 966 | $6.87 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.90 | 18661 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2367 | 6.860 |
1 | 6556 | 6.850 |
1 | 13653 | 6.840 |
4 | 34685 | 6.830 |
6 | 32587 | 6.820 |
Price($) | Vol. | No. |
---|---|---|
6.900 | 18661 | 4 |
6.910 | 10240 | 1 |
6.920 | 10240 | 1 |
6.930 | 10240 | 1 |
6.950 | 23444 | 1 |
Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |