Buffet would not buy Lynas as it's risk profile is too high for Rule 1 but it would certainly fit his criteria for under valued assets - Mt Weld alone would do it.
His method has been to find value where not many others see it and take a long term position. One of his quotes goes along the lines that once he's bought a company position he doesn't care if the stock market closes for 5 years.
He doesn't need the market to tell him if he was right or wrong on a daily basis, he's content to back his judgement and allow time for his perceived value to develop to the point where the broader market recognises it.
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Buffet would not buy Lynas as it's risk profile is too high for...
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Last
$7.04 |
Change
0.280(4.14%) |
Mkt cap ! $6.580B |
Open | High | Low | Value | Volume |
$6.66 | $7.07 | $6.66 | $29.97M | 4.291M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 35 | $7.03 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.05 | 6000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 35 | 7.030 |
3 | 26836 | 7.010 |
4 | 15913 | 7.000 |
1 | 6616 | 6.990 |
1 | 8829 | 6.980 |
Price($) | Vol. | No. |
---|---|---|
7.050 | 6000 | 1 |
7.060 | 19004 | 1 |
7.070 | 10354 | 4 |
7.080 | 30616 | 7 |
7.090 | 19829 | 4 |
Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
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LYC (ASX) Chart |