I've elected today to take money off the table. The professor talk in articles as above hasn't helped my judgement in thinking Lynas shares are going to make a rebound on the back of ndpr prices. No I don't think so. Times are what they are and the world is preoccupied with everyday living now rather than renewables. The world is going into oversupply of RE so I think 50c around d today's SP is where it will stay for some months. State St and Co, (yes, yes, I know they only lend out the shares to UBS etc,) are not a concern to me. Prices may go up next week on the announcement as they did on the Malaysian but look where we are today. 6.62AUD. They may not too. Also 2026 isnt too far away. What then. Im taking some profits seems Im getting no dividends while our SP dances around.
LYC Price at posting:
$6.62 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)