MITTA has been shorting this stock for the last 12 months
makes sense, which is why they were downramping at the bottom
nice to see Mitta got burned, for once
but the downtrend this year was not based in charts but based in FUNDAMENTALS, i.e., falling REE prices
at $14/kg opex & $41/kg basket, phase 1 currently has $1 value at PE x 10
at $14/kg opex & $41/kg basket, phase 2 currently has $2.24 value at PE x 10
as phaase 2 is targeted for second half of calendar 2013, share price would normally be at least $1 now, if not for the uncertainty
factoring in the fundamentals, 50 cents is too cheap
factoring in the uncertainty, $1 is too expensive
so 75 cents is in the middle
if phase 1 succeeds, with no technical or political issues & REE fundamentals remain unchanged, share price should be around $1.12 by Easter
- Forums
- ASX - By Stock
- LYC
- shareprice competition: please stop it
shareprice competition: please stop it, page-37
-
- There are more pages in this discussion • 1 more message in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
|
|||||
Last
$6.76 |
Change
0.020(0.30%) |
Mkt cap ! $6.318B |
Open | High | Low | Value | Volume |
$6.76 | $6.81 | $6.72 | $16.83M | 2.487M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 9162 | $6.75 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.78 | 5455 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 750 | 6.730 |
1 | 776 | 6.700 |
2 | 5300 | 6.680 |
2 | 14900 | 6.670 |
1 | 1000 | 6.650 |
Price($) | Vol. | No. |
---|---|---|
6.800 | 3857 | 3 |
6.810 | 1747 | 3 |
6.820 | 1800 | 1 |
6.850 | 301 | 1 |
6.880 | 4000 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |