You often claim to be a long term holder. If so why are you so concerned with moves in day-to-day REEO price? Would you share with all of us what you think NdPrO price has to be for Lynas to have a PE of 30 or less. JMO is 750 ~ 800 RMB WV / KG.
If I am not mistaken a while back you said you would sell any company that had a PE of 30. Today LYC has a TMM PE of 78 while the average for ASX 200 is about 20. Could you explain why you are still holding.
If I confused you with someone else I apologies in advance. Still would like to know why you think holding is the correct thing to do. I have no prediction for the 2025 AR but at this time I am sure the SAR will only have a TMM EPS of 16 or less which at a AUD 7.04 stock price would be a PE of 44. Probably higher. I will firm up the EPS estimate after Q1 Release.
One of the easiest ways to guess what REE prices need to be is to see what they were when company had a reasonable profit. Then tune the number. to help you do this here is a chart of Q REE prices don't forget the book to bill delay. Q1 2025 is an average of prices to date. 3376/ 9 =281 Just in case you do not believe me here are the Friday close prices
LYC Price at posting:
$7.06 Sentiment: Sell Disclosure: Held
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