LYC 0.50% $6.02 lynas rare earths limited

the ree market, page-3

  1. 327 Posts.
    And this quote from someone with a view that Lynas is way oversold but still looking for a sub $ entry.

    http://seekingalpha.com/article/317673-7-diverse-stocks-likely-to-see-significant-gains-in-2012?source=yahoo

    Lynas Corporation Limited (LYSCF.PK)

    With a couple of recent setbacks and a correction in rare earth prices, Lynas stock has taken a beating recently. The Lynas Advanced Materials Plant (LAMP) is awaiting the necessary permits from the Malaysian government but should receive the go ahead in the coming weeks despite loud, and largely irrational, protests by some of the local population. Although the outlook for rare earths may not be as bright as it appeared a few months ago, China plans to maintain current export quotas this year even as global demand will continue to rise. Lynas will likely be the first major rare earths project outside China to come online and will be well positioned to take advantage of increased demand and tight Chinese export quotas. Closing the year at $1.04 I will be looking for buying opportunities under a dollar in the next couple of weeks.
 
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Last
$6.02
Change
-0.030(0.50%)
Mkt cap ! $5.627B
Open High Low Value Volume
$5.93 $6.08 $5.88 $43.41M 7.258M

Buyers (Bids)

No. Vol. Price($)
2 6279 $6.00
 

Sellers (Offers)

Price($) Vol. No.
$6.04 31762 5
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Last trade - 16.10pm 23/07/2024 (20 minute delay) ?
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