Hard to believe the actual valuation of Lynas fell as much as it did because of news. I pretty sure Amanda is still out making deals and making sure there is coffee in the break room…
Bottom line? The story at Lynas is the same, the fundamentals are impressive and the future of the company seems very secure in a rapidly developing market. Traders will have their day and the share price will go up and down but the fact is that every day bags of Neo are shipped to real customers with real uses…
Lynas is not selling barbie dolls, rare earths are serious business and will help to lead a confused world from the ravages of climate change. These are the long term investments that are destine to be tomorrows solutions and owning Lynas just may be a good long term place to be… JMHO…
Out the door...
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Last
$8.02 |
Change
0.120(1.52%) |
Mkt cap ! $7.496B | |||
| Open | High | Low | Value | Volume |
| $8.00 | $8.09 | $7.91 | $30.69M | 3.836M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 24797 | $8.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.03 | 44081 | 6 |
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| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |