Much of what you say may be true in a few years. When I decide to buy or sell it is based on what will happen in the next few Qs. look at this chart does it look like one that can justify a PE of 32 to you? 2024 revenue and profits are not mine i think they are both high. They are from the average of 14 analysis
https://finance.yahoo.com/quote/LYC.AX/analysis
You and many others were very excited on April 21 when NdPrO jumped over 10 % in one day to about 426 RMB KG WV it is at 405 right now down 5 % yet not a word as it fell. So how have you worked in NdPr prices over next 9 months into your calculations. As it said in the latest SMM forecast this has been a time of increased prices for the last several years so look at this chart and tell me what you think NdPrO will do till December. Yes SP may be a lot higher in a few years. How does it make any sense to sit through a 25 ~ 75% drop waiting for that to happen?
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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. |
---|---|---|
$6.07 | 30108 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 229619 | 6.060 |
3 | 243330 | 6.050 |
4 | 247210 | 6.040 |
10 | 813545 | 6.030 |
5 | 40677 | 6.020 |
Price($) | Vol. | No. |
---|---|---|
6.070 | 11795 | 2 |
6.080 | 5807 | 3 |
6.090 | 1506 | 2 |
6.100 | 169180 | 3 |
6.140 | 17560 | 4 |
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