I don't know why I bother but your post is totally baseless incorrect and is in fact down ramping.
Fact - every valuation and DCF calculation on lyc by every research house has used a rare earth price of $25 to $40 which is abfraction of it's current $200 spot price
Fact - every research house has used a high discount factor to reflect operating risk and this is stated in their analysis
ie. Jp morgan valuation has a sensitivity chart which show that at re price of $35kg the DCF is $2.70 at wacc15%. The same chart shows $4 at wacc of 10% at the same $35 re price which will apply once it's operating
Lyc is a great success story in the making and is in the right place at the right time.
Have a look at the asx notice recently filed and you will see the independent director ziggy purchase on market 300000 shares at $2.08 taking his holding to 700000 and this guy is a nucleur physicist.
He chose to purchase in a restricted window now rather than having to wait until further good news is real eased as he sees the Lamp on track.
This sell off is market related IMHO.
Good luck to all
- Forums
- ASX - By Stock
- LYC
- why lyc is $2 and not $4
why lyc is $2 and not $4, page-52
-
- There are more pages in this discussion • 1 more message in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$6.87 |
Change
-0.170(2.41%) |
Mkt cap ! $6.421B |
Open | High | Low | Value | Volume |
$7.08 | $7.26 | $6.82 | $32.24M | 4.640M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 10611 | $6.87 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.89 | 3277 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 10611 | 6.870 |
1 | 420 | 6.860 |
1 | 146 | 6.850 |
2 | 3277 | 6.840 |
2 | 39949 | 6.830 |
Price($) | Vol. | No. |
---|---|---|
6.890 | 3277 | 2 |
6.900 | 13155 | 1 |
6.910 | 23155 | 2 |
6.920 | 13155 | 1 |
6.930 | 13155 | 1 |
Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |