CJ, why did the Dragon begin moving prices literally within a few weeks of Lynas debt extension to 2020???
While I'm NOT a big fan of conspiracy theory, there is a viable case that the run on RE values & LYC SP were both triggered simultaneously by the certainty of Lynas survival.
While the dilution is "unfortunate" the SP was 5.3c day prior Debt Amendment Ann. 26/10/16, and basically been in an uptrend since, effectively now 4x.
10 days later Nth RE raised prices.
Just maybe, that dilution/Lynas certainty, was required to break the deadlock, whatever, I'm certainly way ahead of the curve as a consequence.
CJ, why did the Dragon begin moving prices literally within a...
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$7.78 |
Change
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Mkt cap ! $7.272B | |||
| Open | High | Low | Value | Volume |
| $7.45 | $7.92 | $7.41 | $46.84M | 6.050M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $7.75 |
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| Price($) | Vol. | No. |
|---|---|---|
| $7.81 | 77676 | 2 |
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