You hit the nail on the head. Most assume 100% will be sold. At current BP and 11kt the business is marginal at 100%.
At 75% it will be running a deficit - IMO.
The Au$ may save the day if it can fall fast enough, or REE may go up in price. But to invest based on the hope of either of these is beyond my criteria.
I have posted mainly no sentiment, but over the last few days have changed my sentiment to ST sell, as per most of the recent posts.I believe the 1/4 report will be a disappointment and the large funds will short the hell out of the stock.
With current numbers I don't see it as a $1b company. Too many unknowns to contend with but things will change and at some point soon the SP will probably fit my criteria again.
lynas 31 mar 2013 cashflow report, page-20
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.75 |
Change
0.030(0.39%) |
Mkt cap ! $7.244B | |||
| Open | High | Low | Value | Volume |
| $7.71 | $7.81 | $7.63 | $12.03M | 1.561M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6556 | $7.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.77 | 3385 | 1 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |