AL Answered few questions just talked side issues. It was clear to me that even she thinks we are a year or more away from recovery. How does it make sense to tie up money in an investment that has better than a 75% chance of going down because you think it will go up in a year or two. what needs to happen is REE prices have to go up. Production from Lynas has to go up. Why not get out wait for positive indication on both of these then jump back in? Waiting for a positive indication will mean you miss the bottom by a l little but that is far better than holding through a long fall in stock pricwIt worse than that because of the book to bill delay Lynas still has not seen the low REE price impact to revenue. If prices take 6 months or more for NdPr to reach 850 RMB with VAT Lynas will need to raise more cash diluting stock further.
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Price($) | Vol. | No. |
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2 | 4695 | 5.910 |
15 | 29598 | 5.900 |
1 | 155 | 5.890 |
4 | 1756 | 5.880 |
Price($) | Vol. | No. |
---|---|---|
5.950 | 2000 | 1 |
6.020 | 1000 | 1 |
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