LYC 0.26% $7.67 lynas rare earths limited

I think you mean "ALLEGED environmental problems", yes?The IAEA...

  1. 5,801 Posts.
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    I think you mean "ALLEGED environmental problems", yes?

    The IAEA inspection showed none.

    There is, as far as I am aware, NO change in the fundamentals that would justify this sell-down.

    Interesting that the LYC board put out their "Updated" share trading rules - presumably to reassure the market that this isn't insider trading by the board or staff, and perhaps reading between the lines is saying that all is well?

    This surely has to be the most blatantly oversold stock on the ASX at present?

    If today was capitulation and panic selling overlaid on top of the orchestrated top end of town selling and shorting, then the bounce may not be that far away.

 
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