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$6.51 lynas rare earths limited

Yes, so much debt. If only we had some fcf and cash in the bank...

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Jass

362 Posts.

155

07/12/21

23:51

Post #: 58143708
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Originally posted by Berty12345: ↑

will be interesting to see as we have seen companies like Tesla publicly come out and say that they dont care where materials and minerals are from, its only the bottom line that matters.

China also bolstering their rare earth companies and can easily outcompete with a small minnow such as LYC

not sure where these are from but I'm seeing >50x P/E for both. also 1% dividend is not even worth talking about and is far below inflation.

Take a look also at debt to equity ratios of the two and you start to notice that LYC has borrowed a lot, isn't making huge money in return and has a high P/Book ratio.

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Yes, so much debt. If only we had some fcf and cash in the bank to cover the payments on the deferred almost interest free loan.

Last edited by Jass: 07/12/21

LYC Price at posting: $8.91 Sentiment: None Disclosure: Held
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(20min delay)
Last $6.51		Change -0.050(0.76%)		Mkt cap ! $6.085B

Open	High	Low	Value	Volume
$6.60	$6.61	$6.49	$13.64M	2.089M

Buyers (Bids)

No.	Vol.	Price($)
2	40310	$6.48

Sellers (Offers)

Price($)	Vol.	No.
$6.52	711	2

View Market Depth

No.	Vol.	Price($)
1	16000	6.830
2	2563	6.770
1	7011	6.760
1	4613	6.710
1	1000	6.600

Price($)	Vol.	No.
6.190	1090	2
6.420	162	1
6.450	312	1
6.490	2000	1
6.510	195	1

Last trade - 16.10pm 06/05/2024 (20 minute delay)


Last $6.51			Change -0.050 ( 0.64 %)
Open	High		Low	Volume
$6.60	$6.61		$6.49	583098
Last updated 15.59pm 06/05/2024 ?

LYC (ASX) Chart

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