I assume I can outline the gist of UBS report ...
BUY
Target price: $3.30 - based on P/E ratio of 12x 2020 earnings.
Target for Nd/Pr - $60/kg - basket price $23/kg (upside of $4.50/share)
Issues: Malaysia - uncertain resolution but think their history of compliance will work for them; China - think it will be constrained by their move to restrict pollution; competitors outside China - major barrier is the plant which is behind them and will be barrier to everyone else
But really nothing anyone here hasn't already figured out. No new insights.
jezza
I assume I can outline the gist of UBS report ... BUY Target...
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Last
$6.86 |
Change
0.200(3.00%) |
Mkt cap ! $6.412B | |||
| Open | High | Low | Value | Volume |
| $6.72 | $6.90 | $6.72 | $35.19M | 5.141M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1605 | $6.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.86 | 65562 | 5 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$6.86 |
Change
0.200 ( 3.28 %) |
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| Open | High | Low | Volume | ||
| $6.72 | $6.90 | $6.72 | 1399403 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| LYC (ASX) Chart |