LYC 1.14% $7.80 lynas rare earths limited

@wolves: "i think lyc stock exchange is out of control, the asx...

  1. 927 Posts.
    @wolves: "i think lyc stock exchange is out of control, the asx has no control (maybe the dont what investigate???) and lyc is the most manipulated stock in asx history."

    Thats BS. Lynas market cap is at around 767 Mio. AUD. And they expect to make +- Zero net profit in next fincancial year. To justify a market cap of 767 Mio. AUD at a P/E of 10 lynas need to makes an anual net profit of around 77 Mio. AUD!

    If there is any manipulation, lynas is manipulated in a way too high shareprice!
 
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