LYC 0.74% $6.69 lynas rare earths limited

LYC - above 0.20c is long term breakout, page-13

  1. 1,503 Posts.
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    Rorkes,

    a share price of $10 would require profit after tax of $1 share based on a 10 times multiple.

    So pre tax your are looking at $1.40 share roughly. Even though the Malaysian plant may have a tax holiday, the dividends from Malaysia to Lynas Corp will be taxed by ATO.

    anyway, $1.40 x 3.5 billion shares =. Total profit Before Tax of $4.9 billion dollars.

    as a holder , I really wish you forecast to be true. To get to even a calculated share price of A$1 per share would need profit before tax of $490 mill at 10 times earnings.

    That 3.5 billion shares is the killer .
 
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