I recall that not too long ago, and it may still be the rule, LYC was valued using a $35 basket price. Now REE prices may have fallen and may continue to do so but LYC but even at $35, the old spreadsheet that was floating around suggests a price of 1.84 in 2012-13 and 3.26 a year after (PE ratio of 10).
I doubt the price would fall that much but even if it does, surely this current price of 1.22 is unreasonable. After all prices are still at $150.
Anyway, I am not yet worried. The Fed will probably announce some confidence boosting policy and Greece will get their bailout which should get things back to normal.
But still.. 1.22?? damn...
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Last
$5.93 |
Change
-0.020(0.34%) |
Mkt cap ! $5.542B |
Open | High | Low | Value | Volume |
$6.04 | $6.04 | $5.93 | $23.75M | 3.975M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 128544 | $5.92 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.95 | 12481 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 6168 | 5.920 |
2 | 4695 | 5.910 |
15 | 29598 | 5.900 |
1 | 155 | 5.890 |
4 | 1756 | 5.880 |
Price($) | Vol. | No. |
---|---|---|
5.950 | 2000 | 1 |
6.020 | 1000 | 1 |
6.030 | 21222 | 1 |
6.040 | 3768 | 3 |
6.050 | 2000 | 1 |
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