LYC 1.08% $7.52 lynas rare earths limited

I have been following the hot copper message board regarding...

  1. 158 Posts.
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    I have been following the hot copper message board regarding this share for the past few months. it is extraordinary how much bias posting has been going on by various people (niqo for example) which is lapped up, but any negative posters are quickly jumped on.

    Any fall in price is immediately blamed upon shorters,, by numerous posters; when in reality the whole share market is falling, and Lynas has a non-operational plant which could potentially produce a product which is currently worth much less than it was a year ago.

    over the past few months the share price has been hitting lower highs, and lower lows. It is clearly trending downwards. I have traded this stock once - buying recently at 92 cents and selling at $1.05. my opinion is that this share is going to fall a lot lower than the current price, and will potentially then present me with another opportunity for a short term trade.

    P.s no I am not a shorter.
 
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Last
$7.52
Change
0.080(1.08%)
Mkt cap ! $7.029B
Open High Low Value Volume
$7.45 $7.55 $7.43 $14.40M 1.921M

Buyers (Bids)

No. Vol. Price($)
2 12877 $7.52
 

Sellers (Offers)

Price($) Vol. No.
$7.53 28497 1
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Last trade - 16.10pm 28/10/2024 (20 minute delay) ?
LYC (ASX) Chart
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