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.
let it go to 0.40 hows that. (I wont shed a tear for the idiot...
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Last
$8.02 |
Change
0.260(3.35%) |
Mkt cap ! $7.496B | |||
| Open | High | Low | Value | Volume |
| $7.75 | $8.02 | $7.75 | $43.38M | 5.448M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $7.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.02 | 500 | 1 |
View Market Depth
| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |