Everything they say is true. Sometime in the futureLynas will explode. I have long said that it will take along time for Lynas to reach AUD 5.00 but once it does $10 and 15 will comequickly. The problem is the two biggest markets for PMs andPMMs are Autos and Appliances. Both are in decline right now. Many mid-size countries have had their GDP growth slip to zero or go negative. Countries like England, France, Germany, Italy. China car sales are down 17.4% this year YOY. With NEXT improvement Lynas will make profits even in this market. For Lynas to make the dramatic profits that will propel the stock the WW economy must pick up. It will happen and I don’t think it will be more than a year or two. Right now it looks like things go down before they go up.
Lynas - Ivestor Intel, page-3
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Last
$6.80 |
Change
-0.070(1.02%) |
Mkt cap ! $6.552B | |||
| Open | High | Low | Value | Volume |
| $6.95 | $7.01 | $6.74 | $29.11M | 4.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11125 | $6.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.81 | 51963 | 5 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |
