It would be great if you would back up your opinion With at least one piece of data. I guess all you have is insults.
it would be great if 20% would do it. My guess is they need prices at least 2X higher to make any acceptable profit at all. Last and only good profit was 2022 AR when prices were over a 1000 RMB VS 430 to day. They are going up but very slowly. Still below high set last September. A low of 392 was set December 20th. since then the price has moved up nicely to 423 on Feb 14th A gain of 8%. Which is impressive and people have cheared it strongly but 8% / 7 weeks is 1.41 % per week even with compounding it will take a long time for price to be at what it needs for Lynas to make any sort of acceptable profit.
LYC Price at posting:
$6.85 Sentiment: Sell Disclosure: Not Held
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