I feel exactly the same.
Reading the actual report there are no negatives, there are no delays, LYC need to price the end of life reclamation of the plant but there is no threat to the immediate future of Lynas, in fact I feel it is the good news we were waiting for.
There is a huge media beat up happening for LYC that I feel is causing the panic but as I have said now and then I'm not scared I am buying more as soon as I free up some more money. You can't swim against the media bashing, sense will prevail but this is feeding on the most resolved holder's fear.
Well I'm holding, I may follow LYC down with the ship all the bottom feeders feeding fear into the market take heed.
explanation to why sp has dropped, page-4
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Last
$6.03 |
Change
0.005(0.08%) |
Mkt cap ! $5.598B | |||
| Open | High | Low | Value | Volume |
| $5.80 | $6.04 | $5.76 | $30.87M | 5.230M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 23325 | $6.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.03 | 7789 | 22 |
View Market Depth
| Last trade - 14.03pm 24/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |