First day back at work for 2 months and Lynas is where....exactly where I left it. about to enter the 4's. I must say I'm surprised how well it's held up, but on further research it appears to have been pumped by management statement regarding cash on hand without also releasing liabilities. That will only work once....but well done....a stay of execution.....appears market forces are now driving it back towards its true market value. there has been some shameful pumping of Lynas on this forum that have avoided analysis that COP>Sales and the debt is $400m+ I suspect this company has less than three months left before the note holders take what's theirs off the shareholders.
MBN Price at posting:
2.9¢ Sentiment: Sell Disclosure: Not Held
