I'm sure many LYC investors will end up with a small fortune but that's assuming they had a big fortune to begin with :)
Lynas has been a dog for a long time:
- REO prices falling for a long time despite all the stories about China tightening exports blah, blah, blah, proof is in the pudding.
- Company doesn't communicate with shareholders.
- Promises re schedule broken by company and Malaysian government repeatedly.
- The Malaysian government just keeps putting roadblock after roadblock in front of Lynas so the TOL just keeps disappearing over the horizon.
So manipulation aside, it's not exactly a screaming buy when you consider the above.
I'm sure many LYC investors will end up with a small fortune but...
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Last
$6.80 |
Change
0.000(0.00%) |
Mkt cap ! $6.356B | |||
| Open | High | Low | Value | Volume |
| $6.85 | $6.89 | $6.77 | $9.256M | 1.356M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12357 | $6.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.80 | 13181 | 5 |
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| Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |