You will have to explain that one to me. Would realy appreciate some back up. Yes rapidly growing companies have high PE as do ones new to market.
Lynas has been doing REE for more than 15 years.
There EPS for last 4 ARs and SARs is fallen rapidly 85% in fact so explain what you are saying in relation ship to Lynas. Take a look at this table then tell me what you think of Lynas prospects over next 6 ~ 18 months.
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LYC
lynas rare earths limited
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2.51%
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$10.47

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Last
$10.47 |
Change
-0.270(2.51%) |
Mkt cap ! $9.794B |
Open | High | Low | Value | Volume |
$10.50 | $10.66 | $10.41 | $55.61M | 5.303M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3850 | $10.45 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.48 | 20895 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3850 | 10.450 |
2 | 1347 | 10.410 |
4 | 1220 | 10.400 |
2 | 44231 | 10.380 |
3 | 15527 | 10.370 |
Price($) | Vol. | No. |
---|---|---|
10.480 | 13412 | 2 |
10.490 | 18845 | 4 |
10.500 | 14673 | 3 |
10.550 | 3000 | 1 |
10.580 | 3000 | 1 |
Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
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LYC (ASX) Chart |