Directly it shouldnt. However I suspect if you can afford to put $ on the market ,you will find the Govt will take it from you(tax) and give it to the people more likely to vote Gillard Browny-Greens and co back in. Hence you wont be able to buy as many shares in LYC. You will lose in other ways.
The mining industry etc will be hit.Income to Oz will fall. AUD risk will increase, outside cash will leave Oz and SP across ASX will fall. May make LYC cheaper but if that happens after you buy you will be unhappy.
But then to encourage money back into Oz the Gillard will get Fed reserve to increase rates and then the SH LYC will go up. If you havent bought LYC by now you wont be happy. However any loans you have will be more expensive thus reducing equity available to invest in LYC. Also the incr interest rates will cause AUD to increase and reduce attractiveness for all things Australian by becoming more expensive. They will then reduce interest rates to make Australian goods/commodities cheaper OS .This will make Australia less attractive for OS money and so it will leave Australia as our currency is devalued.
The only alternative is they just LEAVE THINGS ALONE and stop trying to socially manipulate the people for their own pleasure and needs.
I'm still glad I have LYC shares though. The Gillard cant take them away from me.
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LYC
lynas rare earths limited
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$8.27

Directly it shouldnt. However I suspect if you can afford to put...
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Last
$8.27 |
Change
-0.070(0.84%) |
Mkt cap ! $7.736B |
Open | High | Low | Value | Volume |
$8.30 | $8.35 | $8.14 | $30.78M | 3.743M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 184 | $8.27 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.28 | 38197 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 70 | 8.270 |
1 | 3175 | 8.220 |
1 | 1000 | 8.200 |
2 | 4000 | 8.190 |
2 | 1307 | 8.140 |
Price($) | Vol. | No. |
---|---|---|
8.300 | 3800 | 2 |
8.320 | 6490 | 2 |
8.340 | 7002 | 1 |
8.380 | 1000 | 1 |
8.400 | 755 | 2 |
Last trade - 16.15pm 04/07/2025 (20 minute delay) ? |
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