I understand exactly where you're coming from Nursery and under most situations I think you would be completely right. In this circumstance though I think it could display a level of weakness which may lead to the 'kick a dog when he's down' scenario.
I think right now it would be a wiser play to stand strong, not show an inch and try to send the message that despite the huff and puff Lynas isn't going anywhere.
This has become very tactical.
why has the price dropped on no news?, page-77
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Last
$6.23 |
Change
-0.180(2.81%) |
Mkt cap ! $5.823B | |||
| Open | High | Low | Value | Volume |
| $6.31 | $6.34 | $6.23 | $15.33M | 2.448M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 18426 | $6.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.24 | 7550 | 1 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |