Agree, there is a bit to learn here.
I did this partial sell to finance uptake of a different company's offer I did not want to put more cash into and it was a profitable hours work.
But I wanted to put more into LYC, so took the full allocation and pleased to get the extra 50%.
I see Lynas as partly something of a geopolitical hedge, in case of a further severe deterioration of China relationships (which I rate as a 20% chance in a 5 year horizon (ie after the next term of US-presidential politics), so happy to hold on that basis. And support for the Texas project seems to be bi-partisan, but there will be much intrigue as it goes through Pentagon procurment process. A US CO taking a strategic stake would be likely to ease that issue.
Even if my house doesn't burn down I am usually glad to have insurance.
If we eventually make some money from production or get taken over by a Wesfarmers-like entity, the insurance is meanwhile good to have.
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Last
$6.56 |
Change
0.050(0.77%) |
Mkt cap ! $6.131B |
Open | High | Low | Value | Volume |
$6.51 | $6.59 | $6.49 | $8.348M | 1.273M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 16304 | $6.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.56 | 2708 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 16304 | 6.550 |
4 | 43930 | 6.540 |
2 | 22262 | 6.530 |
2 | 11800 | 6.510 |
3 | 5500 | 6.500 |
Price($) | Vol. | No. |
---|---|---|
6.570 | 24700 | 3 |
6.580 | 3050 | 1 |
6.590 | 1293 | 2 |
6.600 | 48350 | 17 |
6.610 | 12145 | 6 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
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