Most on HC assume that all shorters must think the company is bad and that's why they short.
Little do they realise I think LYC is one of the better prospects on the ASX.
Just because I think the company is great, doesn't mean I don't think it's WILDLY OVERVALUED.
Nobody, and I mean NOBODY can justify >$8bn market cap on LYC.
Insane forward looking view of crazy high margins of 85%, forward EBITDA mutiple of 18x and NdPr price well over US$100,000/tonne long term.
Anyone who thinks this is achievable is living in fantasy land.
LYC makes perfect financial sense, page-21
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Last
$6.15 |
Change
0.100(1.65%) |
Mkt cap ! $5.748B | |||
| Open | High | Low | Value | Volume |
| $6.18 | $6.37 | $6.08 | $26.63M | 4.279M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17840 | $6.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.17 | 8880 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |