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
$7.07 |
Change
-0.030(0.42%) |
Mkt cap ! $6.599B | |||
| Open | High | Low | Value | Volume |
| $7.13 | $7.13 | $7.05 | $21.46M | 3.033M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14033 | $7.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.07 | 13833 | 2 |
View Market Depth
| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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Last
$7.08 |
Change
-0.030 ( 0.05 %) |
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| Open | High | Low | Volume | ||
| $7.12 | $7.13 | $7.05 | 900381 | ||
| Last updated 15.59pm 22/05/2024 ? | |||||
| LYC (ASX) Chart |