The markets are crashing due to perceived risk... is Lynas as much at risk as other companies?
I don't think so, in my opinion Lynas will be amongst the first to receive support from at least 3 governments ( Australia, Japan, US).
Don't be surprised if the coming quarterly has significant free cash.
Of course revenue in the longer term may diminish a bit due to demand, but enough to justify a sp close to a third of UBS valuation?
That's why I am maxed out and long on Lynas, for me this has been an opportunity to accumulate. The sp over the next 12 months means nothing to me as I won't be selling till this is all history.
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The markets are crashing due to perceived risk... is Lynas as...
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Last
$6.06 |
Change
0.080(1.34%) |
Mkt cap ! $5.664B |
Open | High | Low | Value | Volume |
$6.11 | $6.11 | $6.02 | $16.85M | 2.778M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 26100 | $6.06 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.08 | 3000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 21074 | 6.050 |
4 | 70209 | 6.040 |
4 | 34831 | 6.030 |
1 | 1600 | 6.010 |
6 | 8715 | 6.000 |
Price($) | Vol. | No. |
---|---|---|
6.080 | 3000 | 1 |
6.090 | 15966 | 5 |
6.100 | 37213 | 9 |
6.110 | 32352 | 5 |
6.120 | 20354 | 2 |
Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
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LYC (ASX) Chart |