LYC 2.36% $6.06 lynas rare earths limited

LYC Mispricing Article, page-12

  1. 4,306 Posts.
    If you are doing EPS calculations over a period time then you have to do it on a fully diluted basis.

    In quoting market cap it is always - and I repeat always - done on shares issued at that particular time. Anything else is just wrong. Market cap is an absolute. However, and there always is a however, you can quote market cap on a fully diluted basis (and you should clearly state that) but it is just meaningless as you are diluting the current value of the business by a future unkown event - ie the warrants/options/debt to equity swaps etc etc may or may not get converted.

    Do yourself a favour and look at the top right had corner. It says market cap $991.8m, check commsec or any other platform and it will say market cap of $991.8m. It is just the way it is. Anyway back to Roy.
    Last edited by slc4me: 05/10/17
 
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Last
$6.06
Change
0.140(2.36%)
Mkt cap ! $5.664B
Open High Low Value Volume
$6.02 $6.12 $5.97 $11.52M 1.904M

Buyers (Bids)

No. Vol. Price($)
3 12791 $6.04
 

Sellers (Offers)

Price($) Vol. No.
$6.07 13019 2
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