LYC 1.65% $6.15 lynas rare earths limited

I am surprised that many posters still think so short term when...

  1. 352 Posts.
    I am surprised that many posters still think so short term when there are so many factors supporting Lynas POL aproval and then to production.
    To name one only and briefly -
    A neg response to the POL would be a HUGE embarrassment to Malaysia not least cause all kinds of problems with thier financial (growth) policies and actions.
    I remind posters of Malaysias (important) overiding strategy to counter or reverse the manufacturing trends away from the country [to China], hence the deliberate and significant incentives to "foriegn" Companies ie Basf - Siemans and many others to produce and manufacter in Malaysia.
    Imagine the damage to thier 'face' and reputation if it were not approved.
    This alone for me insures approval - so what if its delayed a week or month.......no big deal unless you are a day trader.

    Warnie et al including me should sit tight and relax as this Company is a no brainer buy even at this price.
 
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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) ?
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