I own both Lynas and Great Western and wish both all the success possible. But I think that you are confusing apples and oranges. Great Western is PRIMARILY a MANUFACTURER of ree metals and alloys--that will constitute 80% of its profits for years. In contrast, Lynas is a miner/refiner. There is a world of difference between the two industries in all regards, including valuation calculation. It is like trying to compare a taconite miner/concentrator in the Lake Superior District of the States to Nucor! I can see why you are so confused!
6 times� really?..., page-2
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Last
$6.11 |
Change
-0.180(2.86%) |
Mkt cap ! $5.711B | |||
| Open | High | Low | Value | Volume |
| $6.12 | $6.15 | $6.07 | $17.65M | 2.889M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 26354 | $6.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.15 | 3758 | 2 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |