You could start buying when it hits $2 LOL. The days of the logarithmic rise in REE is over and who knows if it will come back. I read that China is again opening the REE tap to take advantage of some price rise.
You could be experiencing the same wealth destruction in the Uranium sector with a long wait before the ducks start to line up.
lynas: market panic vs ground situation, page-4
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Last
$6.11 |
Change
-0.180(2.86%) |
Mkt cap ! $5.711B | |||
| Open | High | Low | Value | Volume |
| $6.12 | $6.15 | $6.07 | $17.65M | 2.889M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 26354 | $6.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.15 | 3758 | 2 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |