This reminds me of my recent experience with Atlas Iron. Anyone staying the short but exciting course of the takeover action got something around a 170% profit.
Naturally it was temping to sell off shares on the way up, especially with uncertainty in the air. I shed about 2/3rd like that, and ultimately regretted it of course, as in glorious hindsight holding during a period of corporate competition was a no-brainer.
The main problem with Atlas was the legacy BoM. The main problem with Lynas is political risk. But in the end the market has a way of recognising at least some of the value, and the SP breaks through.
This reminds me of my recent experience with Atlas Iron. Anyone...
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Last
$6.87 |
Change
0.000(0.00%) |
Mkt cap ! $6.552B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | $6.96 | $6.82 | $12.62M | 1.754M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 24920 | $7.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.53 | 13986 | 14 |
View Market Depth
| Last trade - 10.00am 22/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |
