"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.
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.
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Yet another statement by a Lynas booster to make things look ok...
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Last
$6.40 |
Change
0.000(0.00%) |
Mkt cap ! $5.982B |
Open | High | Low | Value | Volume |
$6.47 | $6.48 | $6.34 | $20.28M | 3.161M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 12848 | $6.39 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.40 | 17965 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 3600 | 6.360 |
1 | 15000 | 6.350 |
2 | 260 | 6.340 |
3 | 4563 | 6.330 |
4 | 8665 | 6.310 |
Price($) | Vol. | No. |
---|---|---|
6.400 | 10000 | 1 |
6.410 | 24000 | 1 |
6.420 | 203 | 1 |
6.450 | 3291 | 2 |
6.480 | 2100 | 2 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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