Your last statement is correct. " That $11.50 was mostly due to revenue increasing at that time." People invest to make money at least that is what I do The stock has dropped from 11.50 (your number to $6.90 a drop of 40% During that same time... EPS 60 C to 9C a drop of 85%, far more than stock Revenue has gone from $384 to $ 141 a drop of 63%, again more than stock This has resulted in a PE of 67.7. To put that in proportion ASX 200 is about 30 because the average dividend rate is 4 % Lynas does not pay a dividend. The S&P 500 is about 25 with a 1.5% dividend rate. There are many other factors but JMO Lynas can still go down more, no mater what people on this board say.
LYC Price at posting:
$6.90 Sentiment: Sell Disclosure: Not Held
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