Hi Kalenn
Just trying to put a bit of a damper on too great expectations; I did not mean to offend; 'sentiment' was not the right term. I own LYC and like you, hope for a great result.
I had seen your calculations, and having been a long-term holder of another share where 'rational' analysis and endless projections by one 'informed' investor really got me and others into a long-term hold and eventual sale at a great loss, I have a natural bias against projections of that sort.
I don't own a crystal ball and I don't know what trading plans the Chinese have - maybe they will decide to export some of their REEs again when the price is high enough?? - just a thought. There are also some difficulties to be expected when Lynas' plant in Malaysia eventually starts up - hopefully not - but most new production facilities experience some wobbles on start-up.
My trading plan nowadays is: Purchase in a hot sector, trade some of your holdings, but watch out when the s.p. goes parabolic - or as this one has in the last couple of days, gone up in an almost straight line.
I was just trying to inject a note of caution.
Happy New Year to you too, Kalenn
Taurisk
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Last
$5.93 |
Change
-0.020(0.34%) |
Mkt cap ! $5.542B |
Open | High | Low | Value | Volume |
$6.04 | $6.04 | $5.93 | $23.75M | 3.975M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 128544 | $5.92 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.95 | 12481 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 6168 | 5.920 |
2 | 4695 | 5.910 |
15 | 29598 | 5.900 |
1 | 155 | 5.890 |
4 | 1756 | 5.880 |
Price($) | Vol. | No. |
---|---|---|
5.950 | 2000 | 1 |
6.020 | 1000 | 1 |
6.030 | 21222 | 1 |
6.040 | 3768 | 3 |
6.050 | 2000 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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