I feel the same way and am very frustrated. I am on a paperloss like everyone else.
You haven't lost anything unless you sell. (I feel I have lost cause I could have invested my money elsewhere)
It is being manipulated for a reason. It is a highly valued stock IMO with the institutional investors that are keeping the price down and accumulating stock. They make more money when they turn off the handbrake or when they get their fats backsides off this share price which is holding it down.
Dont worry, IMO
these are a couple scenarios.
1. Another deep pocketed investor comes along and starts buying up big. Manipulators will shite themselves and shorters will lose out and need to cover.
2. GE13 - positive result and breaks Lynas out of downtrend channels (Expect this to be fun times as they will still try put pressure on to stop the rise, may succeed or not , I dont know)
3. After next qtr results and end of year results, each time a bump up.
These are your dates to watch. Until then relax and ignore the fracas.
A minor issue is PDF issue resolved by August. Already has been addressed but goal posts may change in Lynas favour if GE13 keeps current Gov.
On other thing that would bump the sector is rises in basket price but the Chinese are the controllers of this variable IMO.
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Last
$8.09 |
Change
0.070(0.87%) |
Mkt cap ! $7.561B |
Open | High | Low | Value | Volume |
$8.15 | $8.27 | $8.08 | $35.31M | 4.353M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 7192 | $8.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.10 | 4833 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 620 | 8.050 |
1 | 500 | 8.040 |
4 | 4222 | 8.030 |
1 | 100 | 8.020 |
2 | 742 | 8.010 |
Price($) | Vol. | No. |
---|---|---|
8.110 | 8945 | 1 |
8.120 | 22984 | 2 |
8.140 | 1000 | 1 |
8.150 | 3078 | 2 |
8.170 | 12051 | 2 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
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