PEK 2.78% 18.5¢ peak rare earths limited

Ann: Shareholder Approval of Capital Consolidation, page-41

  1. 91 Posts.
    lightbulb Created with Sketch. 20
    I think you really need to go back an review the basics. I can see that no one is going to change your mind about math and expectations for the company. Thinking this would be $6-10 is really unrealistic.

    I suggest you look at the consolidation history of Lynas in 2017. Consolidated circa 5 billion shares in to 10:1 from .05 to .50c
    They are now at $9.61 with a market cap of $5.6 billion. So in our pre-consolidation terms 0.96c. So not even sniffing your idea of $6 and they are producing and building another plant in the US. There biggest issue is shares being watered down since with shares on issue approx 900 mil up from circa 500 mill.

    Don't let your imagination and dreams take over the simple maths. Becoming emotional about stocks is not investing, its gambling.

    GLTAH

    GF


    Last edited by getfonged: 03/12/21
 
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