"Real businesses with good margin, cash flow, profit and growth will be winners." I will add one more and that is book value. All of these when divided into Lynas Market Cap show numbers much higher than long term Averages. Recessions is the great equalizer. Stocks with low multiples move up to long term averages. Stocks with high multiples move down. They seldom stop at the correct value they usually swing right past a fair value That is what happens when high optimism turns to pessimism.
"Real businesses with good margin, cash flow, profit and growth...
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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
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LYC (ASX) Chart |