LYC 1.47% $6.88 lynas rare earths limited

https://www.thestar.com.my/news/nation/2019/03/06/fuziah-slams-re...

  1. 38 Posts.
    lightbulb Created with Sketch. 6
    https://www.thestar.com.my/news/nation/2019/03/06/fuziah-slams-report-claiming-lynas-waste-is-safe-for-commercial-application/
    This shows how Fuziah becomes a little bit desperate in the recent storm of positive news regarding Lynas and Condisoil. Then only repeating the slogans of the propaganda machine is her final defence to hold her stand. Her single argument is that Lynas should obey the government's decision, because it is a government's decision. This is the way how a dictator works. Not based on arguments, not based on science, only his/her will must be respected. Let's see whether Malaysia is a democracy or not.
    Anyhow the press seems to be free which is great. Journalists are becoming more and more interested in the Lynas saga, which I think is a positive development. This is not just a minor case, now people (and foreign companies) start to realize that the whole Malaysian economy might be seriously damaged when Lynas by dictatorial propagandists is forced to change its safe flourishing REE production into an uneconomical approach which cannot last. Stopping Lynas would be very bad for Malaysia and also for the earth as it would seriously hamper the development of getting a greener economy and a safer climate with less chance of devastating storms and floods for which some people in Malaysia seem to worry greatly also.. 
    I changed my sentiment from none to buy. 
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.