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1.39%

$6.56 lynas rare earths limited

PLS is another one.Down from 362 to 290.

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barry731

1,451 Posts.

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13/04/22

07:01

Post #: 60819784
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Originally posted by ContraryJ: ↑

I was surprised Lynas went down the way they did I had predicted a run up to 12 possibly 13, but for it not to hold very long. Today I was trying to decide if I should sell some of my MP and Tesla puts I had bought recently. I noticed that both SPs had a high on 4/4. I started to look at other green sector stocks and was surprised to see that every one had fallen in the last week. I have said when the correction starts it will hit stocks with high multiples when Market Cap is divided by yearly Profits or Book Value or Revenue. If this is a lost of optimism in green stocks we will see Lynas fall more. Except Tesla all these stocks are down to day MP -4.77%, Tesla +1.13%, BYDD -1.15% NIO -1.17%, REMX -1.60%, LYC -1.42%. I watch REMX -NV more than REMX. It is the actual value of the shares held in the fund. It was down -4.46%. Looking at entire green picture I think I will hold my puts for a few more days.

Maybe Lynas SP to day has little to do with Lynas, just a fall across all green stocks. Just a thought.

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PLS is another one.Down from 362 to 290.

LYC Price at posting: $9.69 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $6.56		Change 0.090(1.39%)		Mkt cap ! $6.131B

Open	High	Low	Value	Volume
$6.53	$6.58	$6.51	$14.95M	2.285M

Buyers (Bids)

No.	Vol.	Price($)
1	1500	$6.54

Sellers (Offers)

Price($)	Vol.	No.
$6.56	6919	1

View Market Depth

No.	Vol.	Price($)
1	1500	6.540
1	384	6.530
4	13946	6.500
2	703	6.450
1	1560	6.410

Price($)	Vol.	No.
6.570	29126	6
6.580	17347	5
6.590	4190	2
6.600	82648	20
6.610	2595	3

Last trade - 16.10pm 03/05/2024 (20 minute delay)


Last $6.55			Change 0.090 ( 1.39 %)
Open	High		Low	Volume
$6.53	$6.58		$6.51	732559
Last updated 15.59pm 03/05/2024 ?

LYC (ASX) Chart