LYC 0.34% $5.93 lynas rare earths limited

Everyone is entitled to invest how and where they see fit and of...

  1. 794 Posts.
    lightbulb Created with Sketch. 379
    Everyone is entitled to invest how and where they see fit and of course people want to vent and let off steam when disappointed. Agree times are tough and people have less spending power at the moment and for the immediate future. The question for me is, what are the long term prospects for renewable energy as a whole and my investment in Lynas in particular. I am satisfied the prospects are good. This might not be everyone's view. In my opinion Lynas is preparing for the rosier longer term while still managing the not so great short term. The expansion in operations is key. Lynas will be quite successful even at current rare earth prices simply due to the scale that comes with such expansion and extremely successful at higher prices. That's the beauty of Amanda's strategy. If not for Amanda and team I would have been out of LYC ages ago. Yes, more share price pain for a while yet, but I still haven't found a better company to be invested in, for me.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$5.93
Change
-0.020(0.34%)
Mkt cap ! $5.542B
Open High Low Value Volume
$6.04 $6.04 $5.93 $23.75M 3.975M

Buyers (Bids)

No. Vol. Price($)
8 128544 $5.92
 

Sellers (Offers)

Price($) Vol. No.
$5.95 12481 2
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.