LYC Chart, page-41

You are both correct I do not like TA when misused. It is a great tool to use when you have already made the decision to buy or sell to pick when you will trade within a short time frame.

first major problem with TA on this board is people use time frames shorter than a week To say here stock goes. Read up on TA to decide if that is a proper thing to do then come back here and defend the ideas not just bash the ideas of others, this contributes nothing.

Pout created the "Technical" Tread in Nov 21. It work very well in the hands of the buy people till about mid 2022. 10 year high was A$11.56 in May 2022. Then the stock started falling once hitting <50% of its high. Yet not a single post saying it would go down.

Yet all during that bumpy fall every one has predicted a soaring price right after something happens. Usually the breaking of a high or low threshold. Some time resorting to Head and Shoulders or Teacup to find positive signs. Not one prediction of the stock dropping. Does that sound like something you should put lots of faith in? Look at prediction and stock charts for last 3 years.

I believe in Profits and net worth. Profits are down to <10% of what they were in 2022 AR. Book value in SAR is A$2.3B, bottom of page 17 2024 SAR, Market CAP is $7.6 that is 3 X Multiple of Book value. Find me just 2 stocks on ASX 200 who have seen a smaller drop, say 50%, in profits in 3 years, never mind >90%. and no dividend That have a ratio of even 1.5 to 1. and I will admit that I am wrong. Dividends always raise stock price. That is why everybody on this board wants them in spite of little profits and too little cash on hand to pay them. Says they did use A$100M to pay a one time dividend 100M / 935M shares = a 10 cent dividend, just one time. This would leave them very low on cash and if anything happened they would have to sell stock further diluting current stock holders. No one would loan them money when current profits could not cover interest payments.

Lots are people have put out multiple posts of why REE prices will rise, Why do they want higher Prices. They want profits. That is my focus. What are yours? Your dreams of riches.

Two weeks ago in Post #: 79046750 I put out a guess for 2025 AR profits. The high guess wasA$26M low $21M 2024 was A$72M that So my high number is down 60%, Year 2024 to year 2025. 2022 was $541M so 2022 to 2025 if my high number is correct will mean profits will drop over 90 % What do you think that will mean to stock price? I gave lots of details on how I estimated this number, If correct this number should cause a Drop in price based on 100s of years of Stock market history. Should does not mean it will. If both of you think I am so wrong should you not show why profits will be higher instead of behaving like 12 year old school yard bullies using only insults to make your case.

I respect all opinions back up with a logical thought process and some data not ones that have no solid proof at all. Like many of the dreamers on this board. I block no one because I like to look at all ideas. People that block do so because they cannot disprove what is being said.

Show me what you think Revenue will be in July and/ or profits in August and I will respectfully discus those with you. What is more important long term than Revenue and profits?