Patrickm
JP Morgan have run the DCF valuation at a basket price which is significantly lower than what it is today and derived a valuation of $2.17, including the use of an elevated discount rate to account for risk.
So price looks good at current price of $1.50.
Who knows reasons for Morgan Stanley selling. Maybe they are taking profits before the end of the year, maybe they felt they had too much exposure to Lynas- who knows.....?
Anyway- you are entitled to your own opinion. As you say HC is for people to express divergent views. I however tend to agree with JP Morgan's valuation over yours.
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Last
$10.27 |
Change
0.255(2.55%) |
Mkt cap ! $9.363B | |||
| Open | High | Low | Value | Volume |
| $10.18 | $10.34 | $10.15 | $15.56M | 1.519M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 6111 | $10.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.27 | 3378 | 4 |
View Market Depth
| Last trade - 10.18am 16/07/2025 (20 minute delay) ? |
| LYC (ASX) Chart |