Monday is a crucial day, the market will open in the red as expected by the SPI in the red of 44 points. If Lynas managed to climb after a red start and show buy interest, that would be a very good sign.
I still consider December quarter as the game changer for the share price action.
As for me, I will still take advantage of any opportunities and always ready to manage my risk profile.
I was wrong in anticipating the share price to crack 7c at the AGM. I still believe one day we will get there and the history of the trades has proved that in the past.
Good luck.
My opinions and thoughts, not an investment advice.
I'm really surprised its taken till today for the price to begin tanking. I was expecting this to occur during the AGM as it became clear Lynas is not in control of its own destiny and has no realistic plan to get COS>COP.
AGM and market reaction, page-8
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Last
$6.11 |
Change
-0.045(0.73%) |
Mkt cap ! $5.757B | |||
| Open | High | Low | Value | Volume |
| $6.21 | $6.22 | $6.07 | $3.159M | 513.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 12370 | $6.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.11 | 8324 | 20 |
View Market Depth
| Last trade - 12.01pm 29/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |