Indeed, antibotter... I have been holding LYC stocks for few weeks. And the main reason why I bought them is because they are extremely CHEAP at the moment: my opinion (which actually happens to be the same opinion of JP Morgan, for what is worth...). I do consider LYC shares still largely oversold.
There are, of course, other reasons I considered before turning to buy LYC: REE rising prices, growing REE markets, China reducing REE production, Malaysian politics, etc. I did consider the risks of the investments too (e.g. Lynas's financial situation, nameplate delays, etc.).
Honestly, I have got just sweet memories about Lynas..I remember when, about a year ago, sp jumped 40% in one day... it is still my best stock investment so far..
october 18th is d -day for lynas corporation, page-7
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Last
$7.94 |
Change
0.160(2.06%) |
Mkt cap ! $7.421B | |||
| Open | High | Low | Value | Volume |
| $7.82 | $8.07 | $7.78 | $73.44M | 9.256M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16778 | $7.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.97 | 2500 | 1 |
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| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |