I will put it out there.
I believe the double bottom is complete and covering of shorts will become essential to covering risk.
The company has its money to get to revenue stage. It has its resource. And it has the go to mine.
People are quick to put up images of the life cycle of a resource company. Well go back and look again at the stages just prior to and then in to successful production. Lynas is a perfect fit.
IMO Lynas is a buy
a green finish coming
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Last
$6.25 |
Change
0.080(1.30%) |
Mkt cap ! $5.841B | |||
| Open | High | Low | Value | Volume |
| $6.25 | $6.26 | $6.17 | $15.83M | 2.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 18985 | $6.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.25 | 53073 | 5 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |