"I've read hundreds of posts here and I have yet to read one that actually makes me nervous. I just keep thinking, why is Molycorp at $47 and Lynas below $2 ? Most of these posts should talking about this. Like...I wonder when Lynas sp will be at $50 !!!"
SP means nothing, market cap is what counts.
We could be overvalued at $1 SP if our MCap was $100b (if there was 100b shares on issue).
So...if we compare Molycorp or any other competitor by
market cap, based on what we know, where does Lynas stand? We are talking a sp of $2 vs $47 !!!
By the way, great posts today.
stop loss not req'd...lynas is going up !, page-3
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Last
$6.06 |
Change
0.040(0.66%) |
Mkt cap ! $5.664B | |||
| Open | High | Low | Value | Volume |
| $5.80 | $6.06 | $5.76 | $50.03M | 8.403M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3840 | $6.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.07 | 39097 | 4 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |