Lynas has had several years of very high stock prices boosted to...

Lynas has had several years of very high stock prices boosted to 3 to 4 X what normal Metrics would support. Like every Surge in a section of the Stock Market, eventually common sense takes over. Right now Pe, 20, is determined by 2023 Results which were very good. By end of Febuary we should have SAR which will show no profits for H1 JMO. It is unlikely H2 will be more than 50 M. Now look at this chart as market changes from suporting a SP with enthusiasm to wanting real results what do you think SP will be. If you want to think Lyas stock will return to prices of when every body was buying green stocks no mater what the performance that is you option. Just like the last 3 sector surges I prefer to think the Stock will start tracking more traditional things like Revenue, Profits and Book value. Time will tell which is the correct approach. Just so you know where money has gone take a look at AI stocks they are the current rage. Luckly I have a few. I will be selling them in January, for tax reasons. hopefully well before top. I do not want to be around when they collapse I will take the lower price for safety reason.