I will agree and if it continues for a few weeks, it will mean a bottom. Do you have any idea how far it has to go up to have earnings support a SP of 6.00 at a PE of 20? Progress on that is what counts. 6.00 X 933M shares is 5,598M . divide 20 = 279 M Profits / year. In H1 2024profits will probably be < 20M, H2 < 50 M. we have a long time to go before we see just a little less than 300M year. REE prices are killing this company and few realize how bad. JMO Q2, SAR, Q3 will start to wake up lots of people.
At todays prices it is unlikely Lynas can only make a very small profit if any. So until prices rise making more just does not help. It will pay overhead and keep them open but do little for profits.
- Forums
- ASX - By Stock
- LYC
- NdPR price
NdPR price, page-2054
-
- There are more pages in this discussion • 594 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$7.76 |
Change
0.060(0.78%) |
Mkt cap ! $7.253B |
Open | High | Low | Value | Volume |
$7.72 | $7.90 | $7.70 | $22.34M | 2.868M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4481 | $7.76 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.78 | 14225 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4481 | 7.760 |
5 | 21873 | 7.750 |
2 | 19149 | 7.740 |
2 | 17907 | 7.730 |
1 | 11495 | 7.720 |
Price($) | Vol. | No. |
---|---|---|
7.780 | 14225 | 2 |
7.800 | 10000 | 1 |
7.810 | 26200 | 2 |
7.820 | 5616 | 4 |
7.830 | 11725 | 2 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |