LYC 3.39% $7.02 lynas rare earths limited

Having been to the Malaysian High Court, are there any hurdles...

  1. 386 Posts.
    Having been to the Malaysian High Court, are there any hurdles left for SMSL to use to slow us down.

    Assuming there's not then we need to be looking at fundamentals. Were's have a DCF valuation of $1.70 although only a 12 month forward price projection of 0.97c on the basis of 12.1 eps in 2015 when we are fired up operationally, and a 6.0c dividend. That's a (cheap) 6.7pe.

    Next news is seen as
    - first feed into LAMP
    - first shipment sale
    - consistent production going forward
    - ramping up of stage 2
 
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Last
$7.02
Change
0.230(3.39%)
Mkt cap ! $6.561B
Open High Low Value Volume
$6.74 $7.05 $6.72 $39.03M 5.604M

Buyers (Bids)

No. Vol. Price($)
1 11129 $6.99
 

Sellers (Offers)

Price($) Vol. No.
$7.03 26155 5
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