BHP's PE is currently 13x. Rio Rinto is 6x. and both of these pump out dividends each year.
LYC would have to have the highest PE ratio of any larger mining company on the asx, just without the revenue or major dividends.
I dont think you can compare a mining company to a technology / car company as they really are apples and oranges.
We're seeing the twitter brigade turn against us and openly advise that they're selling out. This same thing happened in NVX days before it dumped.
LYC probably wont ever get back down to the pre covid levels, but damn this could easily halve and probably still be overpriced
LYC: insanely undervalued !!!, page-3
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Last
$6.06 |
Change
0.140(2.36%) |
Mkt cap ! $5.664B | |||
| Open | High | Low | Value | Volume |
| $6.02 | $6.12 | $5.97 | $11.52M | 1.904M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12791 | $6.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.07 | 13019 | 2 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |