LYC 1.35% $5.83 lynas rare earths limited

The faster the rise..., page-306

  1. 362 Posts.
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    You might want to revisit how you get ex vat price. You dont get it by multiplying by 87% (to remove 13% vat) you devide by 1.13.

    Granted, using your figure of 902, it still comes out less than the $171, but your leaving 1.5% on/off the table.

    $100 x 87% = $87
    $100 ÷ 1.13 = $88.50

 
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