I think as we all know most people on this forum have their own agenda and that is to make money, so logically those in favour of this particular post probably either sold some of their shares at a lower price, say $0.16 and would like to buy back in below that price, this is logical thinking. Same goes the other way, those that have not sold any shares or who have just bought shares would like to see the SP go higher.
As CEO said in an earlier post today based on FA the LT holders should just hold and enjoy the ride as LYC is finally cash flow positive and is getting rid of its debt and will be in a very strong position in the years ahead. The FY report is only days away and this should provide us with the confidence to hold or buy more shares in Lynas. Personally I'm buying more shares at this current level as IMO the SP is going to go a lot higher from here in coming months. DYOR
Can LYC hold the 20c point?, page-7
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Last
$7.70 |
Change
-0.070(0.90%) |
Mkt cap ! $7.197B | |||
| Open | High | Low | Value | Volume |
| $7.63 | $7.72 | $7.57 | $17.44M | 2.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 482 | $7.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.70 | 6582 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |