As I have said before I made a mistake in not rebuying I was over focused on Profits and earnings. Do you know why you did not sell12 years ago? I should have remembered how high emotion moved up Dot com in late 90s or banks in 2006 and 2007. I am on this board for several reasons. One is Lynas does have real potential. I want to be on board at that time. I also believe that falling REE prices and new competition coming on line will mean that will be a ways away.
JMO most projects appear to me to be in trouble the worse is Texas. Second KAL and we have been told nothing about Lamp. I firmly believe no news is bad news, AL has a history of loving to share good news. This will come out over next 18 months. IF earnings and profits go down because of REE pricing and projects slips are announced the stock goes down before it goes up. Add in a depression and prices fall a lot. People that think it is just Lynas moving with the markets just are not looking. Here is a table i have used before, updated. The best comparison is ASX 200 which Lynas is a member of. Next is the ETF REMX which Lynas is also a member of, 4th biggest holding 6.4% of total. The NASDAQ composite has done worse than Lynas. Before I took any satisfaction in this one index I would make sure I knew why.
Today 3-Jan % change 1 Lynas $9.00 $11.03 -18.4% 2 ASX 200 $7,301.00 $7,589.00 -3.795% 3 S&P 500 $4,071.00 $4,796.00 -15.1% 4 NASDAQ composit $11,461.00 $15,832.00 -27.6% 5 DJIA $34,429.00 $36,585.00 -5.9% 6 REMX $96.18 $113.08 -14.9%
Kalgoorlie..., page-30
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Last
$6.40 |
Change
0.000(0.00%) |
Mkt cap ! $5.982B | |||
| Open | High | Low | Value | Volume |
| $6.47 | $6.48 | $6.34 | $20.28M | 3.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12848 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 17965 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |