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$6.76 lynas rare earths limited

Here comes the Pump., page-26

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23/02/15

22:32

Post #: 14805019
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Originally posted by jantimot ↑

Why? Because it has happened so many times before. Every time in the last four years (nearly) this has happened and everyone is always trilling madly about how it is back on track. You talk about huge volume. Nonsense. It used to be trading 78m when the price was over a $. Look at the value traded, less than $4m. Trivial. There's been three or four similar situations in the last year alone. Eight occasions when volume was over 40m. One time over 100m traded in a day helping to push the price up from 5c to 7c before it drifted all the way down to 4.4c. Sure, this time it could be for real, but there's been no news since the downbeat quarterly to provide any impetus, there can hardly be a surprise in the half year financials although the directors' comments might be interesting, and yet it is more renditions of "shine, Lynas shine" which have serenaded it down from 20+c to here. It isn't even above where it was a month ago.

There is every justification for thinking that history is repeating itself with another sharp rise to be met with drifting back down again when the non-news eventuates.

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We've all been there, if its LYC for you its something else for the rest of us
Stay happy or move on, no point being bitter!
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LYC Price at posting: 6.1¢ Sentiment: Buy Disclosure: Held
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(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

No.	Vol.	Price($)
1	750	6.730
1	776	6.700
2	5300	6.680
2	14900	6.670
1	1000	6.650

Price($)	Vol.	No.
6.800	3857	3
6.810	1747	3
6.820	1800	1
6.850	301	1
6.880	4000	1

Last trade - 16.10pm 06/09/2024 (20 minute delay)

LYC (ASX) Chart