Further to that. And with silly manipulation of numbers in mind.
Let's assume your numbers are correct except the share is trading at fair value (much more probable).
50% of low of 25c is 12.5c
Therefore high is double 49.5c-12.5c which is a share price of 74c if win.
Numbers are stupid when used for silly purposes.
lynas probability weighted valuation, page-4
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Last
$6.18 |
Change
-0.040(0.64%) |
Mkt cap ! $5.813B | |||
| Open | High | Low | Value | Volume |
| $6.12 | $6.21 | $6.10 | $1.254M | 203.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 4456 | $6.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.18 | 11121 | 14 |
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| Last trade - 10.30am 30/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |