LYC 0.16% $6.29 lynas rare earths limited

to (5hareholder), page-5

  1. 6,591 Posts.
    lightbulb Created with Sketch. 256
    I took the price from your company's own website. Contact them if you think you have a better idea.

    You are right that I gave zero value to LYC's other assets, but that is the point. LYC is a producer and should be valued just like any other producer, and that is on the profits that it makes. For example an emerging producer like BCI trades at 5x EBITDA even though it has other projects in the pipeline. Even a powerhouse like FMG trades at roughly 5x-6x EBITDA even with all its in ground assets!

    And yes, I work for JPM, my name is Jamie Dimon. You may know the name. You got me...
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.29
Change
-0.010(0.16%)
Mkt cap ! $5.879B
Open High Low Value Volume
$6.34 $6.37 $6.29 $15.63M 2.473M

Buyers (Bids)

No. Vol. Price($)
1 1079 $6.29
 

Sellers (Offers)

Price($) Vol. No.
$6.31 10515 3
View Market Depth
Last trade - 16.10pm 17/07/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.