I agree - Lynas is not a good example at all. I was one of those Lynas share holders. Bought at $1.95. Stock went down to $0.05. They then did a 10 for 1 conoslidation. Based on that, the stock would need to get to $19.50 in old stock terms to just break even and they currently trade at $7 or so. Anyone who was an old timer in Lynas is still burned and would never get their money back.
Different play with PEK as most people's entry point is below $0.10, so if there was a drop it wouldn't hurt too much. Saying that I also bought PEK when it was $0.45 - Yes, that long ago.
Obviously my trading in REE stocks has not been good.
Ann: BFS Update and Target Production Capacity Increase, page-44
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Last
19.5¢ |
Change
0.005(2.63%) |
Mkt cap ! $51.85M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 20.0¢ | 18.5¢ | $20.94K | 107.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 34127 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 53144 | 2 |
View Market Depth
| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| PEK (ASX) Chart |