LYC 0.00% $6.40 lynas rare earths limited

"... defensive companies in US are now at extreme valuations...

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    "... defensive companies in US are now at extreme valuations relative to their long-term history, while cyclical companies reveal evidence of neglect..."

    "...the large divergence in stock price behaviour provide interesting companies at attractive valuations."

    http://www.platinum.com.au/images/pifqtr_0313.pdf
 
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