I find the report a satisfactory result and quite in line with my expectations. I've bought a few more to back my judgement. In view of the lack of information of late it was expecting too much to expect that production was at "full steam ahead". The clue was in the price that NC sold at recently and the price that EN bought at. Nobody is better informed than those two regarding the state of affairs. It is also in line with the BBQ talk of late.
Lynas is not perfection and the faults are here on regular display at HC but I believe it offers good value now and I have started an accumulation over the past few weeks to back my judgement in the same way that I did when the SP was at 40c. The glass is now again half full and a steady trickle into the glass should occur over coming weeks.
In regards to take over talk, if it does happen I would expect a fair premium over todays low price. So I say "bring it on".
I find the report a satisfactory result and quite in line with...
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$6.11 |
Change
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Mkt cap ! $5.711B | |||
| Open | High | Low | Value | Volume |
| $6.12 | $6.15 | $6.07 | $17.65M | 2.889M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 26354 | $6.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.15 | 3758 | 2 |
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