LYC 0.16% $6.29 lynas rare earths limited

shareprice competition: please stop it, page-37

  1. 37,911 Posts.
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    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

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$6.29
Change
0.010(0.16%)
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$6.39 $6.39 $6.25 $15.56M 2.471M

Buyers (Bids)

No. Vol. Price($)
3 16021 $6.27
 

Sellers (Offers)

Price($) Vol. No.
$6.32 18021 4
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