Even if Lynas did make a healthy net profit of 550 million dollars, and gave every cent of that away as share dividends, there are currently 1.96 billion shares. This amounts to a payout of a mere $0.0028 per share, so if you spent $50k on LYC shares right now at 40c each, you'd get about 125,000 share, for a total dividend of $350 pa. Not a very good return, IMO, better off earning bank interest.
lyc risk reward equation, page-107
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Last
$7.61 |
Change
-0.100(1.30%) |
Mkt cap ! $7.113B | |||
| Open | High | Low | Value | Volume |
| $7.65 | $7.65 | $7.49 | $13.50M | 1.778M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10000 | $7.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.61 | 6808 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |