LYC 3.68% $7.88 lynas rare earths limited

Rare earth price report, page-38

  1. 7,707 Posts.
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    Per usual you have now totally fallen back on insults to win your arguments. Shows the true depth of your understanding. If you spent as much time trying to figure out what was going on as coming up with insults. You may have been able to figure out what was going on.

    LET me say clearly I was wrong. The AU does something. That has never been done in US. The UBS person I talked to explained this to me. He was in Au. I was shocked the US person, who had no answers, had him call me.

    Can you just answer one question? Why do you think a PE ratio of 7.8 is good?

    I will tell you why I think it is bad. 7.8 at $2.50 in 2021 is If Lynas PE settles at an aggressive number of 24 this would only indicate a $7.50 Price. Great rtn but i do expect more than that from Lynas when the WW economy starts to recover. $7.50 is 0.75 pre split I have much higher hopes for Lynas.

    High PE shows a stock that is strongly in favor and may be over priced. low PE shows that a stock is not in favor depending why it is out of favor. it may be a buy or people may see major problems ahead.

    The biggest mistake I made is forgetting that customs in different countries vary. Make sure if something seems totally messed up it is not just a custom. For this I do apologies. It appears that in AU they do fix price and talk about PE. This was pointed out by Mijak. If you understood how things in US was done you could have quickly explained as well.


    Would you mind reposting your chart with at lease EPS and PE numbers filled in.

 
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Last
$7.88
Change
0.280(3.68%)
Mkt cap ! $7.169B
Open High Low Value Volume
$7.45 $7.90 $7.41 $33.99M 4.407M

Buyers (Bids)

No. Vol. Price($)
12 7285 $7.87
 

Sellers (Offers)

Price($) Vol. No.
$7.89 5206 8
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LYC (ASX) Chart
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