LYC 3.29% $2.51 lynas corporation limited

$2 club

  1. 18,509 Posts.
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    Why all the surprise?

    This is a stock that's run from 45c to $2.30 in 7 months on pure spec. Great resource, good story but no earnings and a lot of work still to do.

    As Nic has pointed out, a mkt cap $3B+ with probably 12 months to go before they hopefully announce some Q4 earnings???

    We've seen the retracement $1.70/1.20 in Nov so why is this so different?

    I very happily replaced some of my stock today and I'll continue to buy down or up from here with the expectation that the SP will have a two in front of it later in the year. If it makes JPM's val that would show a 36% return.

    $1.65 next support.

    All the small trades that pushed the stock yesterday afternoon were sitting ducks today.
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Mkt cap ! $2.261B
Open High Low Value Volume
$2.45 $2.52 $2.45 $18.99M 7.594M

Buyers (Bids)

No. Vol. Price($)
5 68499 $2.50

Sellers (Offers)

Price($) Vol. No.
$2.51 211625 8
View Market Depth
Last trade - 16.10pm 18/09/2020 (20 minute delay) ?
0.080 ( 3.19 %)
Open High Low Volume
$2.46 $2.52 $2.45 1095750
Last updated 15.59pm 18/09/2020 (live) ?
LYC (ASX) Chart
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