LYC 0.30% $6.76 lynas rare earths limited

Yeh that's it Adsy. Although I guess when people are playing...

  1. 1,152 Posts.
    lightbulb Created with Sketch. 15
    Yeh that's it Adsy. Although I guess when people are playing with there hard earned (as we all are to a degree) then there is a fair bit at stake and that's why people get shirty.

    As for me, I'm out today at 1.94 and 1.97. I think the LYC fundamentals are outstanding, I think the LAMP will by and large get the go ahead, but I just think the market is looking like its going to roll over and if that's the case the baby will get thrown out with the bath water and perhaps that has already started. My favourite sector, the gold sector, also copping a hammering of late and many stocks really starting to move below their fundamental value now. However I don't have a crystal ball so my opinion only.

    Would have liked to have stuck around for the China H2 RE quota as well as LAMP decision. But hey I reserve the right to jump ship. If anyone doesn't like it ...

    I don't think we are seeing shorting, I think we are seeing selling as ludicrous as it sounds for a stock with fundamentals like LYC. I will be waiting on the sidelines for a re-entry at some point, for better or worse.



 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.76
Change
0.020(0.30%)
Mkt cap ! $6.318B
Open High Low Value Volume
$6.76 $6.81 $6.72 $16.83M 2.487M

Buyers (Bids)

No. Vol. Price($)
2 9162 $6.75
 

Sellers (Offers)

Price($) Vol. No.
$6.78 5455 1
View Market Depth
Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.