LYC 1.16% $6.55 lynas rare earths limited

  1. 7,257 Posts.
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    Please read my post I admitted being early by over a year so you do not need to be pretty sure because you are right. In my first 30 years of investing I lost money in every correction. A person gave me some good advice and had me read a couple of books. Corrections, Recessions and depressions start with panic. Especially in the days of computer trading you cannot react face enough. Plus human nature is to wait and hope for a rapid turnaround. Taking protective actions does cost but not very much. It is entirely your choice. If you think I am all cash you are not understanding a thing I am saying. I have very little cash I am close to fully invested. Just stocks like BA are gone, nothing to do with 737, and several high flying tech stocks and Lynas. And now I have one year structured notes, and high dividend paying stocks which do go down in a correction but not nearly as much. When I think we are PAST the bottom. I will sell these and go back to Aggressive stocks. Including DOT COM this has made great gains for me. Do what you think is correct before you reject something make sure you understand what is being said.


    A receding tide will lower all boats. Lynas included. IF you take out the one time gain lynas earnings were lower in H2 than H1 this year. Less than 40% of H1 2018. That is not a good record. If we have a resesion REO drops in price. I agree most issues are resolved. i never thought they were as big as most on this board did I though SP was caused by Poor Earnings. and nearly 700M shares. Best of luck.
    What is a "FIN"

 
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Last
$6.55
Change
0.075(1.16%)
Mkt cap ! $6.099B
Open High Low Value Volume
$6.53 $6.58 $6.51 $8.050M 1.231M

Buyers (Bids)

No. Vol. Price($)
41 13839 $6.54
 

Sellers (Offers)

Price($) Vol. No.
$6.55 26797 46
View Market Depth
Last trade - 15.20pm 03/05/2024 (20 minute delay) ?
Last
$6.56
  Change
0.075 ( 1.47 %)
Open High Low Volume
$6.53 $6.58 $6.51 663968
Last updated 15.36pm 03/05/2024 ?
LYC (ASX) Chart
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