LYC 0.79% $6.30 lynas rare earths limited

punished, page-16

  1. 290 Posts.
    Hey Eric

    I saw it on the Westpac Broking site - and it will be on teh ASX one - or whoever you trade thru. It was early to mid September..and fair chance it will be on the website. I'll see if i can get it and cut and paste it here....
    I worked out the P/e by using the forward contract amounts (5 years) at US$490M = $AUD740M annualised by 5 = $148M p.a. Market cap presently $240M. 240m dividied by $148M is approx 1.62...figures are rough - but not too rough. RE basket price @ $12.50 - Contratcs have a floor but no ceiling price.

    Philh9 - Spot on with your assessments. Hold your nerve and be rewarded. Sell now and kick yourself when they go back...as they will.

    Regards
    GH
 
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$6.30
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$6.34 $6.35 $6.29 $13.31M 2.111M

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No. Vol. Price($)
1 10973 $6.30
 

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Price($) Vol. No.
$6.31 14462 3
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