Lynas took a beating in 2012/2013 because the markets thought it deserved to. The company was faced with a perfect storm of crises one after the other. SMSL, unending bad publicity as a result, technical problems, shakedown delays, poor communications by management, and slow demand for their product, among other things.
It's not the shorts. It's the company's performance.
Now the stage is set for growth and real sales. First stop is @ $300 million/year with Phase I sold out. The plant is running. RE pricing is stabilized if not improving. And Lynas has a solid business model. The dream is now reality.
I don't expect a smooth road. This is Lynas we're talking about, y'know. But the clouds are gone and I can see clearly now.
All the best for a healthy, happy, and prosperous 2014!
- Forums
- ASX - By Stock
- i can see clearly, now....
Lynas took a beating in 2012/2013 because the markets thought it...
-
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
|
|||||
Last
$6.25 |
Change
0.080(1.30%) |
Mkt cap ! $5.841B |
Open | High | Low | Value | Volume |
$6.25 | $6.26 | $6.17 | $15.83M | 2.513M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 18985 | $6.22 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.25 | 53073 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 18985 | 6.220 |
2 | 50325 | 6.210 |
3 | 18949 | 6.200 |
1 | 22631 | 6.190 |
1 | 81 | 6.180 |
Price($) | Vol. | No. |
---|---|---|
6.250 | 53073 | 5 |
6.260 | 17945 | 4 |
6.270 | 16511 | 5 |
6.280 | 26784 | 3 |
6.290 | 37117 | 6 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |