LYC 1.47% $6.88 lynas rare earths limited

Just want to say, the sky is not falling in. Yes, we have to...

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  1. 163 Posts.
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    Just want to say, the sky is not falling in. Yes, we have to take account of the current corrupt government, guess not that much different to the previous government, they were just more business friendly. But even the current government would know that it is not in it's interest to shoot foreign investment in the head, cause shutting down Lynas would be akin to shooting foreign investment in the head, which would collapse the Malaysian economy. What company would want to invest in a country that shuts down a legitimate business that has met all the contract obligations. My personal opinion is that the HY numbers are quite good considering the difficult circumstances and Lynas looks set up to do much better in 2020 and the current SP drop is an over reaction. Like I said, that's my personal opinion, please DYOR. GLTAH.
 
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Last
$6.88
Change
0.100(1.47%)
Mkt cap ! $6.552B
Open High Low Value Volume
$6.81 $6.93 $6.74 $19.63M 2.851M

Buyers (Bids)

No. Vol. Price($)
2 14245 $6.88
 

Sellers (Offers)

Price($) Vol. No.
$6.89 157125 9
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Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
LYC (ASX) Chart
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