LYC 0.50% $5.95 lynas rare earths limited

Reduce expectation of any share SP in short term

  1. 5,436 Posts.
    http://www.wsj.com/articles/china-greece-worries-propel-asian-shares-down-1436230765

    The sp of LYC is 0.034c  .
    It may look bad for some because no one knows what is in store in the coming QR .
    Judging by the past history of the company it is hard to remain objective about LYC prospects.
    I am glad that i don t hold LYC, but to be fair to others ,one can also say that the SP did not drop as much as some (including myself) expected.

    The share market in Australia and more so in China is like a war zone.

    As such , if you strongly believe in the shares that you hold, it pays to be patient ,reduce your high expectations  . There are things that one cannot change and need to be accepted as they are.
    Better a nice surprise than disappointment .
    There is no need for ramping ,for or against .
 
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