Wow! What interesting times are descending upon us all. - The external events unfolding around Lynas are certainly testin the mettle of investors with a share price starting to look extremely attractive - opportunity abounds.
This Licence issue has been debated and settled in the parliamentdays or weeks ago and would now be in the hands of Messtec to either renew ornot renew. I believe there is little doubt of it being renewed as they have fulfilledthe requirements laid out for renewal and we also know Mahatir wants Lynas. Sothis really is a great time to accumulate, while external forces run riotaround the world and particularly Malaysia in the very short term. With therenewal date at Monday 3rd, and the Lynas full year reporting onFriday 28th. Should we expect it prior to the Friday meeting, orwill it be on the 3rd as with previous renewals. I don’t think itcould be announced by Amanda on Friday – as it should be formally announced byMalaysia Ministry – who knows – but surely is a very interesting little windowof opportunity. – good luck all!! – cheers Jake
Licence Renewal
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Last
$7.14 |
Change
-0.200(2.72%) |
Mkt cap ! $6.673B | |||
| Open | High | Low | Value | Volume |
| $7.34 | $7.34 | $7.13 | $39.28M | 5.467M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1546 | $7.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.15 | 72361 | 6 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |