lambda, just because you don't understand the fundamentals doesn't mean that they don't apply.
We have unknown fundamentals from Lynas. We don't know how the plant is going, or the real costs, or how much they have sold - all of these, when known, can push the price up or down depending on how much of each has been priced in by holders and non-holders alike. As a non-holder I think that the reality will still push the price down - which is why I've been a non-holder for a while now.
The BS from non-holders has unfortunately been spot on for the last few years - while you may be sick of it, it is still worthwhile considering our view, IMO.
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---|---|---|
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22 | 17435 | 6.790 |
18 | 18596 | 6.780 |
14 | 24910 | 6.770 |
11 | 22133 | 6.760 |
Price($) | Vol. | No. |
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6.820 | 23170 | 27 |
6.830 | 20876 | 15 |
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