People often critize me for the importance I put on things like Book Value and Earnings. Many on this board love to point out Warren buffets investments. Here is an article about why he is dumping a large long-term holdings.
He is dumping stocks with high ratios between book and market cap
Lynas's is 3.24
Instead, he recommends focusing on its price-to-book value ratio, which totaled 1.66 as of Oct. 21, up from the five-year average of 1.39. Book value equals a company's assets minus liabilities.
Warren Buffett is selling one of the world's biggest companies
People often critize me for the importance I put on things like...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$10.54 |
Change
-0.205(1.91%) |
Mkt cap ! $9.822B | |||
| Open | High | Low | Value | Volume |
| $10.50 | $10.66 | $10.47 | $19.84M | 1.883M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 4333 | $10.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.54 | 626 | 3 |
View Market Depth
| Last trade - 13.00pm 31/07/2025 (20 minute delay) ? |
| LYC (ASX) Chart |