LYC 0.63% $6.41 lynas rare earths limited

Hi guys,ok, lets assume TOL lays on Nicks desk tomorrow. Only to...

  1. 927 Posts.
    Hi guys,

    ok, lets assume TOL lays on Nicks desk tomorrow. Only to think about what that means for lynas and us.

    First of all this would be a BIG shareprice driver! And lynas can start to earn money. wouldnt suprise me, to see shareprice 50% plus up at day of TOL.

    But lets think about the time after TOL and bevore election. What ever happens on election or not... and what ever is likely who will win or not... There surely will be fears, that oppostion will get into power and throw stones into lynas way - how ever....

    So even if lynas gets TOL bevore election, there will be fear about election. So election is - in every sence - a key milestone for lynas. When najib is re-elected, the risk is removed totaly. so lets focus on election - despite TOL bevore or after election.

    Cheers and good luck.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.41
Change
0.040(0.63%)
Mkt cap ! $5.991B
Open High Low Value Volume
$6.45 $6.49 $6.40 $13.34M 2.079M

Buyers (Bids)

No. Vol. Price($)
2 13384 $6.41
 

Sellers (Offers)

Price($) Vol. No.
$6.42 13471 2
View Market Depth
Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.