LYC 0.28% $7.10 lynas rare earths limited

I sold a few days ago after holding this for nearly ten years....

  1. 61 Posts.
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    I sold a few days ago after holding this for nearly ten years. Was planning to hold for the next leg up but its becoming increasingly clear to me that lynas will be looking to exit Malaysia during this next extension. More capital will be spent replacing existing assets destroying the growth over the next few years. Kalgoorlie not being delivered on time could also lead to some ugly quarterlys at the back end of this year. I wouldn't be surprised to see the current market cap take a hit in the short term providing future buying opportunities. Great company with a bright future though long term.
 
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Last
$7.10
Change
0.020(0.28%)
Mkt cap ! $6.636B
Open High Low Value Volume
$7.05 $7.10 $7.01 $26.26M 3.714M

Buyers (Bids)

No. Vol. Price($)
2 21895 $7.09
 

Sellers (Offers)

Price($) Vol. No.
$7.10 46946 15
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Last trade - 16.10pm 21/05/2024 (20 minute delay) ?
Last
$7.07
  Change
0.020 ( 0.02 %)
Open High Low Volume
$7.05 $7.09 $7.02 400096
Last updated 15.59pm 21/05/2024 ?
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