Last week saw LYC shares soar higher after the company delivered an almost 400% increase in 1H 2022 net profit. The rare earths miner is enjoying the EV revolution which still looks in its infancy. MM believes LYC is viable and potentially better alternative to lithium stocks which are trading on high valuations as investors clamour for exposure to Tesla’s et al.
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Performance update for March, stocks that drove returns & our current positioning
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Friday 26th April – ASX200 -101pts, Newmont (NEM), Resmed (RMD) & Super Retail (SUL)
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Market Matters Research Lead Shawn Hickman with David Koch
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MM is bullish LYC initially looking for 15-20% upside
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Performance update for March, stocks that drove returns & our current positioning
Recorded Tuesday 9th April
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Friday 26th April – ASX200 -101pts, Newmont (NEM), Resmed (RMD) & Super Retail (SUL)
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Market Matters Research Lead Shawn Hickman with David Koch
Recorded Monday 25th March
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