Technical, page-1890

After I wrote the above post I started thinking about what I could do to explain this better. Below is a chart of the ASX PE rations since 1980.
Call up your favorite chart of LYC SP for last 2 or 3 years. First look at the PE chart notice the long term average is about 15 which is what LyC was after the SAR. Now look at the spike when PE's shot above 80. It started April 2020 when PEs were about 17. No coincidence in April 2020 Lynas was at 2.00. then they both started to soar. now in July 21 PE reached its peak about 80 and is about 15 at end of August. About the same to day. AU never jumped on the DOT Com thing but they joined in the structured bank notes not that PE of ASX went under 9 during bank recession,
So if you still think stock is down because of MM, shorter, Water problems low NdPr prices. Note LYC fell to 8.XX when NdPr was still about 120 USD NV. and is just under 7.50 to day. Not a high correlation. There is a much better way to figure out what has happened look at some historical charts of metrics applied to indexes and compare the same thig to LYC. You will understand why it is down and have an idea how far it will go down. and when it may go up. In general PEs for dividend stocks are much higher than non dividend paying. people bid up price to receive dividend and the dividend is subtracted from earning. both raise the PE
https://www.marketindex.com.au/statistics

PE RatioMarket-cap weighted PE Ratio for the Australian stock market

PE Ratio (All Ords)© MarketIndex.com.au1980198519901995200020052010201520200102030405060708090Average