LYC 0.33% $6.06 lynas rare earths limited

While I admire your enthusiasm, the only people who care if RE...

  1. 421 Posts.
    lightbulb Created with Sketch. 170
    While I admire your enthusiasm, the only people who care if RE processing goes forward as Lynas are LYC shareholders. Japan doesn't care, Malaysia doesn't care, the employees at the mine and processing facility don't care who writes their check. Given how shareholders have been treated to date, I believe I have to look out for myself because Lynas doesn't care about shareholders. Share price being propped up by the probability of multiple bidders for LYC assets is, IMO, the only reason for recent insider buying, at more than 25% below the WES bid, and the only reason I don't sell now.
    Last edited by zeropointmind: 06/04/19
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.06
Change
0.020(0.33%)
Mkt cap ! $5.664B
Open High Low Value Volume
$6.03 $6.08 $5.97 $17.39M 2.875M

Buyers (Bids)

No. Vol. Price($)
1 36085 $6.06
 

Sellers (Offers)

Price($) Vol. No.
$6.07 17440 5
View Market Depth
Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.