If you are going to say Share price is indecent some reason why...

If you are going to say Share price is indecent some reason why might help. They had an operational profit in 2019 of 36M Divide 695 M shares Is 5 cents a Share. At $2.17 share price that is a PE of 42. The ASX 200 is about 15. S&P 500 is 20. Now recent drops in NdPr Say to me that they are unlikely to have even a 20 M profit FY 2020 year. Most investors buy and sell on what they think the stock will be in about 1 year. So it sounds to me like it is still over priced. You must have a different measuring stick would like to hear what it is. Just for the record Lynas does not think Prices will rebound for a year. From page 9 of AR
"NdPr demand is forecast to accelerate from 2021 with launch of most new EV models"

They reemphasized this on page 19 of AGM presentation.

My guess we see at least one dip below AUD 2.00 by end of year And AUD 1.50 by Early May. Depending how SAR report and CC goes it would not surprise me if we see $1.50 a week or two after SAR. If it is as boring as AGM. If they ignore critical issues the way they did in AGM then it will be $1,50 shortly after SAR CC. This is all JMO but at least I tell you why I think this. I do feel the stock will do great and at some time I expect to be buying allot of shares, for me. That is probably at least a year possible two away. I will stay diligent things could change rapidly.

I do think $1.50 is about as low as it goes. The future will improve at $1.50 it would be a highly speculative buy but with the possibility of $5~ $10 a few years out the odds will favor some buying. i have no idea when I will start buying. I have no planned actions at any price. My buy will be timed by market news not price.