LYC 0.34% $5.93 lynas rare earths limited

lyc a safer bet during these turbulent times?

  1. 365 Posts.
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    With the current global economic concerns coming out of Europe and the U.S., and reds appearing all over the place on today's ASX (Aust stocks close over 1.5% lower today), it is a pleasant surprise to find LYC sitting at the top of the list of the 10 top major stock rises today (at 4.02% increase). The figures on the Buyers & Buying Units side are also showing a very healthy and welcomed build-up against the opposite IMO. And all this on no new major announcements made very recently (as in the last couple of days).

    Why is this so? Could it be that many are slowly warming to LYC as some sort of a safe-haven during these turbulent times? Are we seeing some gradual attentions being drawn to some of the major positive announcements and strong indicators of late (ie. IAEA Report & the Siemens JV)? On top of this, could it be that more people are beginning to hold onto their LYC stocks with the realization that they could be onto something big here?

    Anyone like to share their thoughts on this?

    IMO & DYOR.
 
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Last
$5.93
Change
-0.020(0.34%)
Mkt cap ! $5.542B
Open High Low Value Volume
$6.04 $6.04 $5.93 $23.75M 3.975M

Buyers (Bids)

No. Vol. Price($)
8 128544 $5.92
 

Sellers (Offers)

Price($) Vol. No.
$5.95 12481 2
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
LYC (ASX) Chart
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