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$6.65 lynas rare earths limited

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Kamikazebear

597 Posts.

64

16/05/24

12:44

Post #: 73856210
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Originally posted by ContraryJ: ↑

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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LYC Price at posting: $6.97 Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last $6.65		Change -0.060(0.89%)		Mkt cap ! $6.225B

Open	High	Low	Value	Volume
$6.68	$6.70	$6.62	$13.19M	1.985M

Buyers (Bids)

No.	Vol.	Price($)
33	12964	$6.64

Sellers (Offers)

Price($)	Vol.	No.
$6.65	32180	38

View Market Depth

No.	Vol.	Price($)
31	16804	6.640
19	46381	6.630
14	36427	6.620
10	11717	6.610
14	22094	6.600

Price($)	Vol.	No.
6.650	31493	30
6.660	18325	32
6.670	39681	20
6.680	17958	11
6.690	95787	9

Last trade - 15.52pm 05/06/2024 (20 minute delay)


Last $6.65			Change -0.060 ( 1.12 %)
Open	High		Low	Volume
$6.69	$6.69		$6.62	659962
Last updated 15.59pm 05/06/2024 ?

LYC (ASX) Chart

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