LYC 0.30% $6.76 lynas rare earths limited

cheeky little short cover is due, page-6

  1. ds
    7,131 Posts.
    Woah there - I am talking speculative stocks. I define my Lynas stake as a blue chip in my portfolio. Everything else is a crazy spec stock that might become CSL one day but most likely not.

    I get it that LT LYC holders think they own a 2b company but it's not - it's coming down into spec stock land where low life like me reside.

    If this baby needs a CR in 3-6 months cause it didn't make it over the line it will be for 10-20% dilution by the time the market has crushed it a little more.

    Obviously I am betting this won't happen but it might and that makes it a spec stock in my book - albeit a blue chip one.

    Looking forward to the end of this month which should tall me if it am adding at 20c or 40c
 
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$6.76
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$6.76 $6.81 $6.72 $16.83M 2.487M

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2 9162 $6.75
 

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$6.78 5455 1
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