Given the book value of the company is around 9c (net assets divided by 3.3 billion shares), an profitable short-term forecast, and other associated risks, I would say 4c to 5c is a fair SP.
The market is basically saying Lynas has a 50% chance of winding up.
This is one resilient Stock, page-2
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Last
$7.69 |
Change
0.000(0.00%) |
Mkt cap ! $7.187B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 5105 | $8.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.10 | 1000 | 1 |
View Market Depth
| Last trade - 10.01am 08/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |
Day chart unavailable