Many people have shown many examples of why REE demand will grow dramatically in 2 to 3 years. They may be right and then Lynas will be a great opportunity. I am hoping they are correct because that will make me a buyer and it will be very profitable. Even a year is a long time to hold a declining stock. With time things change. No one saw the big drop in REE growth rate even 12~ 18 months ago. I said drop in growth rate It is still growing just not nearly as fast as predicted. So my forecast is for SP drops for next 6 to 12 months I will wait for that to pass and some real signs that REE is going up to where Lynas needs it. If it drops to 4 and I buy at 6 on way up I will be very happy. I have explained many times why it is a bad idea to try to catch the bottom. It is like a falling knife, much better to let it hit the ground then pick it up. Even if it gets banged up a little. Maybe some will not understand this but think of a sine wave is the high change at bottom or top? No, it is from 110 to 160 degrees. This really applies I am sure you all can figure out why.
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Last
$6.72 |
Change
-0.015(0.22%) |
Mkt cap ! $6.295B |
Open | High | Low | Value | Volume |
$6.71 | $6.76 | $6.70 | $2.695M | 400.6K |
Buyers (Bids)
No. | Vol. | Price($) |
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27 | 45711 | $6.71 |
Sellers (Offers)
Price($) | Vol. | No. |
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$6.72 | 11111 | 31 |
View Market Depth
No. | Vol. | Price($) |
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27 | 46607 | 6.710 |
20 | 14675 | 6.700 |
11 | 34636 | 6.690 |
11 | 96593 | 6.680 |
8 | 7595 | 6.670 |
Price($) | Vol. | No. |
---|---|---|
6.720 | 6400 | 25 |
6.730 | 17347 | 24 |
6.740 | 26466 | 21 |
6.750 | 46698 | 18 |
6.760 | 9836 | 10 |
Last trade - 12.43pm 04/06/2024 (20 minute delay) ? |
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Last
$6.71 |
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Change
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Open | High | Low | Volume | ||
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Last updated 13.03pm 04/06/2024 ? |
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