LYC 0.34% $5.93 lynas rare earths limited

jp morgan is not the gossple

  1. 1,942 Posts.
    JP Morgan is not the gossple and neither am I was just airing my thoughts for consideration.
    JP Morgan simply are conveying the company's partyline because JP Morgan have other motivations like backing a company that might be a reasonable Investment banking client for cap raising and M&A action for the future.
    JP have no better knowledge than any of us....their in it for other resasons as well so it's in their interest to put a figure like $2.71/s.
    If it doesn't get there or higher they will still indear themselves to the company for future fees.
    Also despite that the Eurozone and US this year are a 50% plus chance to change sentiment to even the best company prospects.
    Nothing is a sure thing
 
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