It may make a ripple but it will be down. What is positive? Lamp is still the bottle neck KAL cannot make finished product. Its cost per ton will be higher than the lamps kilns so no increase in sales and higher cost means less profit. How is that a positive? You may not like what I say. If you don't why not show what is wrong with it.Today Lynas is properly value it has a PE of 11.60, which is slightly high /but close to correct in today's market. The Q report will give a good hint on what is going to happen to profits when AR comes out. My guess is the PE will be about 20 after AR if the price does not drop. JMO the stock will have to drop to bring the PE back to supportable levels.
Today Lynas is properly value it has a PE of 11.60, which is...
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Last
$6.22 |
Change
0.070(1.14%) |
Mkt cap ! $5.813B | |||
| Open | High | Low | Value | Volume |
| $6.21 | $6.22 | $6.07 | $13.54M | 2.193M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12000 | $6.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.22 | 12273 | 2 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |