Should I take your comments personally?Please! the basis of my comments is to identify forces that are pushing the SP down.
A FAIRLY mature observation of which I'm entitled to make.
I'm not for one moment criticising the BOD. In fact in the past I have openly thanked them on HC for their exceptional work.I of course agree with you, there are many projects at various stages of development which in combination with contracts and the growing global need for REE; the SP will recover and continue to grow over time.This is why I'm a shareholder. But the markets are in a period of uncertainty and LYC is very vulnerable to such swings.Somewhat related, as I've mentioned before, I believe that reducing the number of shares through a buyback would increase the SP and possibly stabilise the price.
Incidentally the price on Tuesday opened at $8.90 and closed at $9.29. On Wednesday it opened at $9.03 and closed at $9.12.For your benefit and others who require a disclaimer, this is all IMHO.
Hopefully people can keep a focus on the opinions and beliefs of everyone. And show the respect to others for their contributions.
Should I take your comments personally?Please! the basis of my...
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Last
$6.43 |
Change
-0.075(1.15%) |
Mkt cap ! $6.000B | |||
| Open | High | Low | Value | Volume |
| $6.46 | $6.52 | $6.40 | $8.560M | 1.330M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 10927 | $6.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.43 | 16483 | 26 |
View Market Depth
| Last trade - 11.19am 02/05/2024 (20 minute delay) ? |
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Last
$6.44 |
Change
-0.075 ( 0.93 %) |
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| Open | High | Low | Volume | ||
| $6.49 | $6.49 | $6.40 | 110321 | ||
| Last updated 11.39am 02/05/2024 ? | |||||
| LYC (ASX) Chart |