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
-
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.07 |
Change
0.020(0.33%) |
Mkt cap ! $5.673B | |||
| Open | High | Low | Value | Volume |
| $6.08 | $6.09 | $6.02 | $35.62M | 5.828M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 298927 | $6.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.07 | 30108 | 3 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| LYC (ASX) Chart |