I jumped in at $0.985. Sitting pretty. TOL was the main negative holding the stock down. Serious investors (as opposed to traders or speculators) should start piling in. I have seen (from one of the major IB's) a broker price target of $2.00 for this stock based on a discount to NPV. Lynas trading at about half of this. I see it rallying to around $1.25 to $1.30 in the short term at least before everyone who got in below $1 will be looking to get out (profits should be taken in this market on 30%+). Resistance at $1.10. Hopefully it can break this.
target share price
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Last
$6.56 |
Change
0.050(0.77%) |
Mkt cap ! $6.131B | |||
| Open | High | Low | Value | Volume |
| $6.51 | $6.59 | $6.49 | $8.348M | 1.273M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 16304 | $6.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.56 | 2708 | 2 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |