JMO many things can causes prices to change short term. A company can only grow using earned profits. So over time SP will languish without groth which need profits.
Yes things like selling stock can help growth but it has down side of dilution. Yes they can sell assets but this reduces size. Yes they can borrow money but this has to be repaid. The only thing that can increase Stock holders value without down side is profits.
So 2022 they made 557 M 2023 they made 229 M and JMO they are very unlikely to make 150M in 2024.
also since 2013 they have made less than 400M total what market Cap do you think that deserves. Look hard at this chart and tell me what you think SP should be and why. All data from Lynas's AR's
JMO many things can causes prices to change short term. A...
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Last
$6.62 |
Change
-0.110(1.63%) |
Mkt cap ! $6.187B | |||
| Open | High | Low | Value | Volume |
| $6.66 | $6.66 | $6.59 | $28.06M | 4.239M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10863 | $6.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.63 | 10794 | 2 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
$6.63 |
Change
-0.110 ( 1.64 %) |
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| Open | High | Low | Volume | ||
| $6.66 | $6.67 | $6.59 | 1496384 | ||
| Last updated 15.59pm 30/05/2024 ? | |||||
| LYC (ASX) Chart |