Hi Sparkid 1 This is in regards to your post #:70109015
You of course offered no data to back up your "statement Lynas is not doing a cap rise to pay for expansion they are funding it from astute business operation. " I will agree my reply was a little week. So I made a chart of profits for the last 10 years. Picked this for several reason, AL took over in 2014, it was a more than year after plant was operational so start up cost should have been declining . If you want to go back further you can but NC never had anything but loses. As you can see Lynas has had only A$353M in profits total in last 10 years. All my data is from ARs from the line that is labelled "Total comprehensive income for the year attributable to equity holders of the Company" If you think I am manipulating my data it should be real easy to point out. This is not a Diatribe it is facts which you clearly do not like to use. A$ 353 M divided by 934M shares is only $.038 a share over the entire period. Could you explain how this justifies even a $5.00 SP? Explain SP with just one good year in ten operational years and one OK one but PE was still over 20? Congratulations on your 9 upvotes shows me how many people like slander VS data.
LYC Price at posting:
$6.79 Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)