yes it did seem a bit thin on the details of how they arrived at the forecast. They said they perform technical analysis, but I don’t think TA is the right tool here. This is a situation that requires careful modeling of the fundamentals.
I’m guessing they must have modeled the REE demand growth and consequent REE $/kg and the Lynas 2025 plan that might be expanded to a full processing facility etc.
Or they just guessed.
But fundamentally I don’t disagree with their forecast that Lynas could be a 3x bagger or better within a few years. And that’s without the US military funding. Good times ahead.
Lynas Stock Price Forecast, page-5
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.25 |
Change
0.080(1.30%) |
Mkt cap ! $5.841B | |||
| Open | High | Low | Value | Volume |
| $6.25 | $6.26 | $6.17 | $15.83M | 2.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 18985 | $6.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.25 | 53073 | 5 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |