LYC 3.42% $7.34 lynas rare earths limited

wow buyers now at $0.28, page-14

  1. JFI
    6,837 Posts.
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    LYC is down 89.54% from 2011 high. This is a pattern repeated over and over in REE's and Uraniums. The sectors are getting taken lower ready for multi bagging by many as recovery takes hold. The difference is this company has good ground assets and LAMP and a long term plan of steady expansion an proper long term business relationships in their thinking and behaviours. This company is going to be around long term. Its like an early days IBM or microsoft. Will be a steady reliable 'western' face of RE's. These low prices are an even better opportunity to get involved long term. Buy and sit tight. It doesn't just have to be the into's that multi bag and accumulate this time around.

    Great value and if it goes down 95% from peak price will be around 13.5c Will it get there... not sure but unlikely. Depends on how much fear their is. During the worst selling many will be rubbing their hands with glee.

    Try and pick the bottom and many may miss out as this could jump back up on any good news.

    Remember the director bought at 33.5c short while ago.

    Investing long term.
 
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Last
$7.34
Change
-0.260(3.42%)
Mkt cap ! $6.860B
Open High Low Value Volume
$7.55 $7.56 $7.30 $32.37M 4.384M

Buyers (Bids)

No. Vol. Price($)
1 84497 $7.34
 

Sellers (Offers)

Price($) Vol. No.
$7.35 23514 2
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Last trade - 16.10pm 14/11/2024 (20 minute delay) ?
LYC (ASX) Chart
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