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LYC

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$7.70 lynas rare earths limited

Clearly there are some errors in the numbers shown for market...

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Wazza222

442 Posts.

45

25/03/21

08:45

Post #: 52022688
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Originally posted by ContraryJ: ↑

I am sorry for typo on 100 and 200 sorry for saying the wrong one they are in 200 they did not get into 100 because of loses.

I gave you the link to requirements I copied requirements in My post multiple times. Yet you like some old broken record keep saying these requirements do not exist. if you think that way go read the requirements and explain what I am getting wrong. You have never addressed what the requirements I copied in mean probably because you don't know

Lynas had a market cap of about 5.6 B when new list was done.
Here is a list of the ASX 100. https://www.asx100list.com/ it is sorted Alphabetically Click on Market Cap and it will resort. Now take a look in last place is URW with a MC of only 1B much smaller than Lynas by 6 to 1.
Now scan down the first company bigger than Lynas is BSL with a MC of 5.6B I may be off by one or two but I count 33 companies smaller than Lynas So could you explain in your wisdom why Lynas did not make it? I am a yank i knew there were many requirements to get on and of list like the S&P 100 and 500 to prevent churning it was not hard to find those rules for ASX. profits are important but apparently that is beyound your comprehension. please go to Table of Contents (spglobal.com) Maybe you just don get this is a link just right click on it if that is what is confusing you. Then PG 8 and tell me what I am not getting. about the Paragraph starting with "Positive Earnings."

I find it very telling that you say how wrong I am but have not offered one shred of documentation from ASX to back your Claims.

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Clearly there are some errors in the numbers shown for market cap. URW Unibail-Rodamco-Westfield has a market cap of over $15Bn.

LYC Price at posting: $5.63 Sentiment: Buy Disclosure: Held
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