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
$6.84 |
Change
-0.035(0.51%) |
Mkt cap ! $6.552B | |||
| Open | High | Low | Value | Volume |
| $6.94 | $6.94 | $6.82 | $5.879M | 826.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 3098 | $6.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.84 | 5649 | 20 |
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| Last trade - 12.20pm 28/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |
