In the discussions above many people give many reasons for stock...

In the discussions above many people give many reasons for stock dropping. They continuously over look the simplest reason that has been the primary reason since stocks were first traded 100S of years ago, EARNINGS. Earnings is the only thing that increases stock value and or pays dividends. Earnings divided by Market cap is what the company is paying you for your money in % Terms. Revenue peaked in Q3 2022 with AU$ 327M Since then it has been 294M, 164M, 218M, and 237M. Now the rise in Q2 both Q over Q and YOY may look good but H1 2022 had Revenue of AU 314 M and profits of 157M. H1 2023 had Revenue of $370M and profits of $150M. Revenues went up $54M and earnings dropped $ 5M. AL did not mention this in the opening of the SAR CC in Feb. A couple of analysts asked her about it in Q&A. She explained which expenses were going up and the impact. If you don't remember you should relisten. It is important to stock price over the next 4 Qs. Now UBS put 2024 earnings at AU$44M 2024 earnings WERE 504m, I think this is low but it is unlikely to be over 100M, and there is a small chance it could be under 44M. At 44M that is 0.47 cents a share at a stock price of 7.00 that is earnings of 0.67%. in US you can beat that with $1.00 in a passbook account. Could this have anything to do with price drop?

Lynas numbers from https://wcsecure.weblink.com.au/pdf/LYC/02636506.pdf
UBS is in post LYNAS RARE EARTHS LIMITED (ASX:LYC) - LYC Overview..., 68292168, page-19 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

Now when UBS came out many on this board gave lots of reasons why UBS corrupted the data. Not one sat down and Said at these REE prices and this production level, this expense level. Profits will be this large. Can you put in numbers that show 400~500M AUD? yes you can but are they even close to reasonable considering what we are seeing today? 44M was an embarrassing drop from what UBS was predicting just a short while ago. I am sure they would not have done this if they did not think old estimates were highly inflated. Remember just a short time ago most on this board thought UBS numbers were great! When I questioned them I was called many names. How can so many people change so fast? Just because they do not like these numbers.