When you say Green days I assume you mean positive which is usually referred to as black
The ASX is now 6838 and Lynas is 8.99. No need to wait for green days on ASX. 8.99 /6838= 0.131% of ASX price I will see you when it is under0.129 or over 0.133%.
On Jan 3 ASX was 7589 and LYC was 11.03 so Lynas was 0.145% of ASX Lynas is already fallen more than ASX, I assume you know that so why do you want a black day on ASX. Maybe this is easier for you to comprehend since January 3 Lynas has fallen 18.5% while the ASX fell 9.9%. As I have said before all stocks will fall but stocks with high PEs and /or high Market Cap to book value will fall faster and further. They will also recover far slower. Look forward to a counter argument that has some data with it.
LYC Price at posting:
$8.99 Sentiment: Sell Disclosure: Not Held
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