"the space of 1 hour, and in answer to 2 separate questions the 3 on the panel gave Lynas a resounding dont buy vote.this does not help our sp but is their honest opinion"
The issue with following Analysts is that they follow a herd mentality. When REE price is down $40 per kg = Dont Buy and when REE price was $200 per kg PLEASE BUY BUY BUY!
Common sense tells you that if there is a nice double story house down your street, assuming quality and condition is the same would you rather pay $1 million for it or would rather pay $400,000 for it?
I will tell you that those guys will only recommend you to buy Lynas after it has become a blue-chip stock but then again by that time not much reward in it as compared to someone like me who paid 61c for it. Risk reward i guess.
There's no doubt in my mind, if we can avoid further black swans and also if Nick don't screw this up we are looking at the evolution of a Bluechip company in the likes of Fortescue. No doubt and i am betting a huge chunk of my money on it...well pretty much my whole net-worth.
- Forums
- ASX - By Stock
- LYC
- sky business
sky business, page-6
-
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$6.39 |
Change
-0.015(0.23%) |
Mkt cap ! $5.977B |
Open | High | Low | Value | Volume |
$6.46 | $6.47 | $6.36 | $8.865M | 1.385M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
36 | 16155 | $6.38 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.39 | 20401 | 35 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
57 | 22368 | 6.390 |
26 | 34381 | 6.380 |
20 | 39930 | 6.370 |
13 | 13361 | 6.360 |
11 | 86771 | 6.350 |
Price($) | Vol. | No. |
---|---|---|
6.400 | 32176 | 38 |
6.410 | 59304 | 22 |
6.420 | 31597 | 15 |
6.430 | 34468 | 13 |
6.440 | 33007 | 12 |
Last trade - 12.32pm 15/07/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |