Does anyone know what NAN means in SMM listing? Many Oxides are just blank where change is usually listed, not Zero Blank. others are up 5 X what they usually change in one day. this includes Metals and magnets. Until I understand some of this I don't know if this is a real rally or some time of glitch.
Why a strong buy? Its TMM earnings are still only $0.22 a share and will drop substantially when 2024 AR is released. 2023 AR had TMM earnings of AU$ 310M = $0.332 / share. 2024 AR is unlikely to be greater than $150M = $0.16 because of book to bill delays. So why do you think stock will go up between now and September. I too want to see stock go up but there are many other good buys at much lower risk. I need to see two thing.. established. Established means at least 1 Q dramatic gains or two Qs with steady gains. They are increasing Revenue and profits. product sales price is part of that. Many will say I will miss the bottom doing that, I do agree. When this stock goes it will be dramatic and missing the bottom is just fine with me. Far better to miss the bottom than jump in early and take a big loss. As many have done over last 6 Qs. if I miss buying Lynas again that is fine I am doing quite well without it. I realy think it could do great in my portfolio but not at the risk of taken a large loss either paper or real.
LYC Price at posting:
$5.77 Sentiment: Sell Disclosure: Not Held
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