Australia's largest stock trading and investment forum Australia's #1 stock forum

LYC

Click for more information

0.22%

$6.88 lynas rare earths limited

Investors should always show caution. Yes.

First 285 Last

Share
Profile

Follow
Prospekta

2,267 Posts.

167

15/03/24

06:20

Post #: 72896544
Share

Originally posted by ContraryJ: ↑

Every one seems to love government support. I assume that means people realize this sector cannot support itself with out handouts from rich Unkle. Governments are fickle and change rapidly. If the company cannot support itself without help does that do not mean Investors should be showing lots of caution.You draw lots of links to old MCP. which is dead and buried. Maybe you should take some time and look at what this says about Lynas.
I think an important point is in the MS comment.

"This decision comes amid concerns over the near-term supply and demand dynamics in the market for neodymium-praseodymium (NdPr), which are key elements in manufacturing permanent magnets used in electric vehicles (EVs) and wind turbines."
So they drop support for MP because of concerns about the long-term future of REEO prices. If you agree with MS should that also not be a major concern for Lynas?

A while back you were buying MP. I posted that I was buying PUTS. Price dropped strongly I think you are still upset with your decision and want revenge. Unfortunately Revenge never helps only careful analyst of what you got wrong. I would not touch any Stock in this sector at this point.

Expand

Investors should always show caution. Yes.

LYC Price at posting: $5.82 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 85 more messages in this thread...

First 285 Last

Add LYC (ASX) to my watchlist

(20min delay)
Last $6.88		Change 0.015(0.22%)		Mkt cap ! $6.435B

Open	High	Low	Value	Volume
$6.84	$6.90	$6.83	$11.50M	1.674M

Buyers (Bids)

No.	Vol.	Price($)
17	4499	$6.87

Sellers (Offers)

Price($)	Vol.	No.
$6.88	47597	67

View Market Depth

No.	Vol.	Price($)
56	32182	6.860
30	34808	6.850
22	43918	6.840
9	24296	6.830
6	76181	6.820

Price($)	Vol.	No.
6.870	12661	45
6.880	46947	61
6.890	31633	35
6.900	67406	32
6.910	28962	14

Last trade - 14.32pm 13/05/2024 (20 minute delay)


Last $6.89			Change 0.015 ( 0.13 %)
Open	High		Low	Volume
$6.84	$6.90		$6.83	776680
Last updated 14.52pm 13/05/2024 ?

LYC (ASX) Chart

SPONSORED BY