LYC 1.65% $6.15 lynas rare earths limited

Trump Bans Americans From Investing In Companies That Support China's Military, page-5

  1. 5,428 Posts.
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    Donald is doing what dictators do, dictating. Unfortunately for Donald, unlike real dictators, he is confronting a catastrophic election loss. The real world is catching up with Donald. It's also possible Donald is attempting to lure the President Elect into making a foolish mistake before his inauguration. Not likely to work imo but possible.

    President elect Biden has the opportunity to work at restoring a working relationship with China, one based on mutual respect, not bullying, not acquiescence. Trade between the US and China can and should be mutually beneficial. After his inauguration Biden will have improved relations with China on the long list of things Donald has broken.

    Long term Nd prices will be set by the market rather than by Donald's temper tantrums. There's room for our company in this market. Our company provides much needed stability. That's good for long term demand and increasing long term demand is good for both China and Lynas.

    My feeling is our share price has got ahead of the market and I have prudently reduced my holdings. I maintain my hold sentiment.
 
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$6.15
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