NUF, page-61

Welcome back. Though I often disagree with you I learn from the explanations you give. Your not using intimidation to win arguments.

I will buy when I see an REO price recovery happening. REO prices that will bring Lynas's. PE down to a respectable 20 ~ 25. Till then I will stay away. Profits will propel this stock to AUD 5.00 or higher. Right now it has a TMM PE of 78, ASX 200 about 15. I do not see how sp can go anywhere but down in the near future. Now a great FY 2019 profits could make TMM PE go down and SP go up but with current REO prices I just do not see that happening.

https://finance.yahoo.com/quote/LYC.AX?p=LYC.AXShows TMM PE. 77.93

Using a SP of AUD 2.00. To bring PE down to 20 would require a profit for year of AUD 67M - 19M H1 = 29M My guess it will be less than 15 M