LYC 1.65% $6.15 lynas rare earths limited

I jumped in at $0.985. Sitting pretty. TOL was the main negative...

  1. 149 Posts.
    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.
 
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Last
$6.15
Change
0.100(1.65%)
Mkt cap ! $5.748B
Open High Low Value Volume
$6.18 $6.37 $6.08 $26.63M 4.279M

Buyers (Bids)

No. Vol. Price($)
3 17840 $6.14
 

Sellers (Offers)

Price($) Vol. No.
$6.17 8880 1
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
LYC (ASX) Chart
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