The last few weeks has been depressing watching the SP plummet. With no idea what action to take and hesitating to cut big loss, I just held to it. I know how correct were the people posting here with sell sentiment. What are the possibilities from here on.
Will the company survive for long with the current financial situation.
Will there be more capital raise in the near future.
Overall will the financial situation come to a stage where the company has to go under voluntary administration. If this happens, what will happen to my dollars.
Will any company with cash buy Lynas at a cheap price which will at least have some hope of growth.
What would make the people from sell sentiment to change to buy sentiment.
Are there any companies that came out with success in a situation like this.
I congratulate all people who exited before all this mess started and also for warnings about the anticipated financial crisis.
Thanks in advance for any opinions.
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The last few weeks has been depressing watching the SP plummet....
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Open | High | Low | Value | Volume |
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3 | 37597 | 6.320 |
3 | 24770 | 6.310 |
4 | 14769 | 6.300 |
2 | 14634 | 6.290 |
Price($) | Vol. | No. |
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6.360 | 202 | 3 |
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