LYC 0.39% $7.75 lynas rare earths limited

paterson's latest lyc report, page-53

  1. 1,105 Posts.
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    --------- 4t c - JPM - Patts
    2015 NPAT $257m $216m $578m
    PE10 SP = $2.00 $1.70 $4.40
    SP Gain == >3x = 2.8x = 7.3x in 2.5 years.

    Annual 10% return = 2x in 7.5 years

    Therefore if I invest in 3 similiar companies, the same $ amount and 2 went bust, the after tax return is still better than the opportunity /cost of capital of 10%.

    Why is the market pricing LYC at such high risk ???
    Or the market read the 4-traders consensus as rubbish ???
    I think the market have to re price LYC very soon - b4 April, June, August 2013 ???
    -SP jumps at every milestone.
 
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