While many of us Lynasheads are well aware of key differences, not just with Molymess but pretty much every other RE company, the general investor really has no understanding. Add to that the appalling state of EVERY RE stock and the average punter doesn't want to know anything about investing in RE.
Firstly, we need the dross to clear, 90% of RE companies to disappear or head back to U or whatever they were doing previously.
Secondly, Lynas needs to quietly go about it's business and "emerge" as a profitable company in 12 months time, hopefully as the RE story is getting back on track and demand growth re-establishing.
Expectations of much happening prior that are likely to be met with further disappointment. With that attitude I'm pretty relaxed and any ST upside will be a pleasant surprise. BTW, I'm not saying the SP can't trade in a higher range, just that full value will not be appreciated in the next 12 months or so.
LYC Price at posting:
57.0¢ Sentiment: LT Buy Disclosure: Held
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