FEZZA333...you state
"JPM overweight. This translates roughly to "we have purchased truckloads of LYC shares for peanuts from weak holders and now want to make a fat profit."
LOVE THIS POST...... 100% SPOT ON...
AUSHEDS...you state...
"JPM have significantly reduced their earnings forecasts on lower REO prices, reduced their NPV by 10% and then applied a further 25% risk weighting to their Dec 13 price target.
Now leaves Lynas plenty of room to over achieve forward estimates and provide some earnings surprises, rather than constant underachievement i.e. increased negative cash flow, once the 13FY report is done & dusted"
LOVE THIS POST...100% SPOT ON.......
GO LYNAS GO........
FEZZA333...you state"JPM overweight. This translates roughly to...
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Last
$6.88 |
Change
-0.040(0.58%) |
Mkt cap ! $6.430B | |||
| Open | High | Low | Value | Volume |
| $6.92 | $7.05 | $6.83 | $13.27M | 1.918M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 966 | $6.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.90 | 18661 | 4 |
View Market Depth
| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |