let it go to 0.40 hows that. (I wont shed a tear for the idiot longs who sell below 0.60)
Lynas is a long term investment. Mineral prices have cycles. We are on the low side now.
The $ 800M plant and Mt Duncan is not going anywhere.
I worked out that even if the basket price drops a further 33%, the share price is still worth $ 1 by June 2015 which gives holders a return of 33 % per annum.
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$6.90 |
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Mkt cap ! $6.449B |
Open | High | Low | Value | Volume |
$6.94 | $6.95 | $6.79 | $17.23M | 2.502M |
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No. | Vol. | Price($) |
---|---|---|
1 | 20 | $6.88 |
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Price($) | Vol. | No. |
---|---|---|
$6.90 | 970 | 1 |
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2 | 7986 | 6.870 |
4 | 15139 | 6.860 |
2 | 11891 | 6.850 |
2 | 8893 | 6.840 |
Price($) | Vol. | No. |
---|---|---|
6.900 | 970 | 1 |
6.910 | 16084 | 7 |
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