SP, call me whatever names you like, as stated I hold, I will buy at a price, I remain confident Lynas will be a survivor for all the reasons I've laid out many, many times but I also think I've spent far more time on the macros than most here and they are deteriorating almost daily. Over the course of a few days NC's clearly pushed back S2 steady state 3/6 months, at this stage, effecting Feb 14 results. Now July 14 before we get a look at a full 6 months numbers.
We enter the Chinese New Year holiday with a static basket and NC's warning of "thin" sales with no sign of demand returning.
Beware the Year of the Snake.
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26 | 39178 | 6.270 |
14 | 38434 | 6.260 |
17 | 17089 | 6.250 |
8 | 82212 | 6.240 |
Price($) | Vol. | No. |
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6.290 | 26395 | 70 |
6.300 | 27344 | 38 |
6.310 | 29128 | 29 |
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