If you remember than should also remember I gave specific reason. They were that Lynas was selling for 5 or more times what all its pears on ASX selling for. That is more true to day than 6 months ago because Lynas profits dropped dramatically from 2024 AR to 2025 SAR. Yes the stock is up because that is many think all REE prices will soar. You can be simple and say chart says I am wrong and walk away. Or you could study what has happened to other stocks that sold for more than there metrics and decide what happens. This would be called a good discussion and show you do have some depth of understanding of the Market.
This is a great way to expand your knowledge. Start a thread that blocks all who think differently than you. For sure you will lead a relaxed life and think just like you do now in 20 years. How boring.
I block no one. Even those who bash me severely often post articles that make me think about things. Help me change.
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LYC
lynas rare earths limited
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3.11%
!
$9.28

LYC Chart, page-36
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Last
$9.28 |
Change
0.280(3.11%) |
Mkt cap ! $8.680B |
Open | High | Low | Value | Volume |
$9.17 | $9.37 | $9.02 | $35.23M | 3.807M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 29560 | $9.27 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.30 | 457 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 29560 | 9.270 |
1 | 7974 | 9.260 |
3 | 8700 | 9.250 |
2 | 13959 | 9.240 |
1 | 2500 | 9.220 |
Price($) | Vol. | No. |
---|---|---|
9.300 | 457 | 1 |
9.350 | 11970 | 5 |
9.360 | 3756 | 5 |
9.370 | 13105 | 5 |
9.390 | 24380 | 5 |
Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
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LYC (ASX) Chart |