LYC 2.36% $6.06 lynas rare earths limited

EV news, page-1727

  1. 7,515 Posts.
    lightbulb Created with Sketch. 504
    "No company is spared in this environment." You are absolutly 100 % correct. Because Lyes stock is so high by traditional metrics it will be hit far worse than the average. In spite of going up all last week after a great H! report it is Down 9.6% YTD VS ASX 200 7%. My guess this delta will get much larger with Lynas falling more.

    I would suggest you look at Dot Com stocks 1999 - 2010 and banking stocks 2007- 2014 to understand how your opening statement might apply to Lynas.
    Yet another statement by a Lynas booster to make things look ok with absolutly no idea of what is true. In Fact only once in last year has Lynas fallen more, 9/20/2021 10.8%. And 3 times about this much. Here is a daily chart for last year of % changes. Your statement "history lyc up and down 5-10% a day just normal." I do not know what you call just normal but 7.8% does not fit my definition based on this chart any thing more than + or - 3% or maybe 4% is not normal.
    If i plot on biggest AUD change than this is 3rd largest negative error. 4 th biggest change in absolute value.

    https://hotcopper.com.au/data/attachments/4150/4150800-bdcaa096d6449ce8705180326955510d.jpg

    https://hotcopper.com.au/data/attachments/4150/4150814-5faab1b752a9dcfd2d321c6a5b51c467.jpg

    The chart is mine but if you want to check it go to https://finance.yahoo.com/quote/LYC.AX/history?p=LYC.AX
    Click down load button right side top of chart. It will be loaded into excel then delete unneeded columns. Calculate % and make a plot. Takes me about a minute.

 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.06
Change
0.140(2.36%)
Mkt cap ! $5.664B
Open High Low Value Volume
$6.02 $6.12 $5.97 $11.52M 1.904M

Buyers (Bids)

No. Vol. Price($)
3 12791 $6.04
 

Sellers (Offers)

Price($) Vol. No.
$6.07 13019 2
View Market Depth
Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.