My Opinion Only -Lynas has nothing to offer at the moment and Amanda knows this!
Why promote when you cannot supply new customers? (current capacity already accounted for)
Why promote when divvie yield not yet happening?
Why promote when they don't need the cash for expansion?
Why promote and attract Malay knockers putting out their hands for more?
Why promote when you are in top 100 ASX companies?
Note: I have put Malay situation in bold as this appears over my time as nice cash cow for Malaysia Goverment!
Once diversification complete I have no doubt every internet search will include Lynas but for now risk not completely off.
Personally after 9 years of holding I would have cleaned up trading this stock (hindsight) rather than sitting on a 250% gain (todays figures).
My Opinion Only -Lynas has nothing to offer at the moment and...
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Last
$7.78 |
Change
0.180(2.37%) |
Mkt cap ! $7.272B | |||
| Open | High | Low | Value | Volume |
| $7.45 | $7.92 | $7.41 | $46.84M | 6.050M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $7.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.81 | 77676 | 2 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |