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
$6.16 |
Change
0.230(3.88%) |
Mkt cap ! $5.757B |
Open | High | Low | Value | Volume |
$5.91 | $6.19 | $5.91 | $27.57M | 4.507M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | $6.16 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.17 | 69879 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 6.160 |
3 | 25878 | 6.150 |
3 | 38617 | 6.140 |
3 | 15900 | 6.130 |
3 | 19898 | 6.120 |
Price($) | Vol. | No. |
---|---|---|
6.170 | 36582 | 1 |
6.190 | 3530 | 3 |
6.200 | 22452 | 11 |
6.210 | 3685 | 4 |
6.220 | 10119 | 1 |
Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
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