LYC 0.00% $6.94 lynas rare earths limited

time for a trading halt?, page-29

  1. 136 Posts.
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    I have this little niggling thought after all the reading I have been doing which is growing stronger by the day. From what I hear the malaysian government has its hands pretty full at the moment with various protests going on, claims of corruption etc. Now I'm not in malaysia atm so I cant really comment but is it possible that the gov just has bigger fish to fry at the moment than lynas? I have a suspicion that they are just trying to clean up their image atm and unfortunately Lynas is kind of on the back burner.

    Also Niqo - surprised you were able to buy more? I filled up at 1.01 and then topped up at 1.10 again before the rally (shoulda sold short term - oh well) so much as I'd like to I cant put much more into lyc

    I dont think that the TOL will be revoked etc... but I have a feeling we will be sitting on our hands for a few weeks.
 
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