LYC 0.78% $7.76 lynas rare earths limited

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  1. 7,637 Posts.
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    I use to buy only CF years ago. Now If I was to buy either it would be DY. The reason for both was/ is the same. That is where the volume is. To sell a large holding quickly you need volume. CF you to have much higher volume than DY. But both are getting risky There volume is half what it was at start of year. CF average 24,500 shares and to day only 249 shares traded. Unloading even a 1000 shares could cause price to fall.
    DY is better but average is only 51,000 / day

    I am not buying right now but I would seriously consider buying LYC.AX Fees are reasonable and much more flexible. They do get you with mark up and down on exchange rates.
 
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