The more prosperity of Lynas Rare Earth is certain on the horizons as some posters have contributed their sound analysis to this forum with broad view including corporate financial analysis, management, IP and competitors ; global supply and demand, geopolitics and green shift.
I think current market turbulence impacts on Lynas' retail investors psychologically more than in fact. Warren Buffett's philosophy may help to handle such stress.
Market timing is so difficult that even Warren Buffett said, "We haven't the faintest idea." " Buffett added that 'if he had any sense of timing,' he would have bought stocks in March 2020 as the COVID-19 pandemic started spreading." (Buffett on market timing: 'We haven't the faintest idea' (yahoo.com))
“It was a really dumb time [to buy stocks], and I wrote an article for the New York Times on ‘Buy American,’” he said. After that article was published, the S&P 500 fell another 26% before bottoming in March 2009. (Warren Buffett busts a myth about Warren Buffett (yahoo.com)).
"Buffett said if you're committed, during a downturn you should 'be in a position to hold'".(Warren Buffett: Don't own shares if you can't handle fear (yahoo.com))
IMO,DYOR
The more prosperity of Lynas Rare Earth is certain on the...
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Last
$6.56 |
Change
0.090(1.39%) |
Mkt cap ! $6.131B | |||
| Open | High | Low | Value | Volume |
| $6.53 | $6.58 | $6.51 | $14.95M | 2.285M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | $6.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.56 | 6919 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$6.55 |
Change
0.090 ( 1.39 %) |
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| Open | High | Low | Volume | ||
| $6.53 | $6.58 | $6.51 | 732559 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| LYC (ASX) Chart |