LYC 0.49% $6.12 lynas rare earths limited

WHY? I still believe this stock will be down to 6.00 or lower 3...

  1. 7,392 Posts.
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    Would you explain what the profit motive in having Bots push the price down, It sounds so great but no one has yet to describe to me how someone can make profit off of this. I think UBS hit it right on the head. The stock price does not reflect the current low REE prices. This will become very obvious with Q4 and AR reports.
    Yes UBS has had verry positive outlooks all year now you can think they are doing it for evil reasons. I think they now realize how high they have been and are down grading to keep from looking very bad when Q4 and AR come out. Which makes more sense to you? Why would UBS down grade if they thought Q4 and AR where going to be OK?
    You are correct. JMO it is because they always have great forecast for a year out then have to correct as reality hits. Can you see one argument in this latest down grade that is not correct? I do not think you can because if so you would point it out instead of making just broad based statements.
    WHY? I still believe this stock will be down to 6.00 or lower 3 weeks after AR comes out. Reason is the large drop in revenue and profits 2022 to 2023. Caused by dramatic drop in REE prices.
 
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Last
$6.12
Change
-0.030(0.49%)
Mkt cap ! $5.720B
Open High Low Value Volume
$6.13 $6.17 $5.99 $31.54M 5.188M

Buyers (Bids)

No. Vol. Price($)
1 3000 $6.11
 

Sellers (Offers)

Price($) Vol. No.
$6.12 43410 2
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Last trade - 16.10pm 17/06/2024 (20 minute delay) ?
Last
$6.08
  Change
-0.030 ( 1.46 %)
Open High Low Volume
$6.14 $6.17 $5.99 9068148
Last updated 15.59pm 17/06/2024 ?
LYC (ASX) Chart
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