You are correct about a fall coming. It will be much slower and later than you expect. I am buying puts on tesla and MP both of which are in far worse shape than Lynas. Lynas will come back to the traditional metrics I expect Q1 but even Q3 would not surprise me. As A US citizen I cannot short or buy puts on Lynas.
LYC makes perfect financial sense, page-62
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Last
$6.35 |
Change
0.220(3.59%) |
Mkt cap ! $5.916B | |||
| Open | High | Low | Value | Volume |
| $6.23 | $6.37 | $6.20 | $10.98M | 1.741M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27237 | $6.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.72 | 2002 | 1 |
View Market Depth
| Last trade - 15.59pm 03/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |