Welcome back hillbilly1,
You give me more credit than I deserve if you believe I can influence the market by posting on Hotcopper.
The simple fact is I honestly believe Lynas is an outstanding stock, with outstanding potential, (and yes I am waiting to buy at lower price) yet I ask myself why does such a good stock with so many positives (all mentioned before) continue to fall in price.
I have drawn the conclusion, rightly or wrongly (time will tell) that the downdraft in Lynas share price has nothing to do with Lynas fundamentals (unless there is something we don't know about yet) and more to do with the general market.
When you study the internal technicals of the recent highs being achieved on world indices much of it is on lower volume - that's not a good sign in my assessment.
Good luck to you and other shareholders - you are going to need it .... because if markets turn down and the bear returns, nothing, not even a quality stock like Lynas will be spared.
And if I am proved wrong, I can buy back in at higher prices, but if I am proved right there will be bargins to be had by those with money in the bank.
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Last
$6.15 |
Change
-0.100(1.60%) |
Mkt cap ! $5.748B |
Open | High | Low | Value | Volume |
$6.23 | $6.24 | $6.13 | $18.60M | 3.011M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 21239 | $6.15 |
Sellers (Offers)
Price($) | Vol. | No. |
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$6.16 | 9771 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 160 | 6.150 |
2 | 4396 | 6.140 |
2 | 680 | 6.130 |
1 | 5 | 6.120 |
2 | 13115 | 6.110 |
Price($) | Vol. | No. |
---|---|---|
6.170 | 8000 | 1 |
6.180 | 57 | 1 |
6.200 | 4676 | 3 |
6.230 | 2500 | 1 |
6.250 | 2367 | 5 |
Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$6.16 |
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Change
-0.100 ( 1.94 %) |
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Open | High | Low | Volume | ||
$6.24 | $6.24 | $6.13 | 894887 | ||
Last updated 15.59pm 14/06/2024 ? |
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LYC (ASX) Chart |