USD 79 = 574 RMB + vat = 648 RMB WV. That would be a great increase if it happens. It would mean Lynas has a PE of nearly 2X of its pears on ASX and nearly 3 X of the S&P 500. So it looks great but is it enough? Expense are about to climb. Using Expenses from 2024 AR this would give an EPS of about what 2023 was. Not even close to 2022. Expenses will climb I will use newer ones as Lynas releases them.
Did you do any calculations what this would mean to EPS and PE and when? I don't think so. When do you think it would show up in a Q, SAR or AR report? *************************************************** Every one should be aware of how far REE prices have dropped before getting excited about any rise.
LYC Price at posting:
$7.00 Sentiment: Sell Disclosure: Not Held
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