LYC 2.73% $6.40 lynas rare earths limited

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  1. 7,438 Posts.
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    Nothing to do with Lynas? JMO it is all Lynas for the last 3 years Lynas SP had a PE of 50 ot more typical during average times is 15 during depresions 5 ~ 8 A book to market cap of 10 Typical is 1~2. during recesions 0.5~ 0.8 Sales to Market of 5~ 8 Typical is 1 ~ 2, recesion .4 ~ 0. 8. Yet every one of the up rampers said it is deserved becase in 3 or 5 years it will be worth that. Now we are entering a full blown recesion and though all Lynas numbers are coming down except Book to market cap and are actully OK during normal times they will not support even a AUD 5.00 price during a recesion. Investors during a recesionary times do not look out 2 ~ 5 years. They look at what will happen in the next 6~ 12 months. What a great buying opertunity Lynas will be in a year or more.
 
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Last
$6.40
Change
0.170(2.73%)
Mkt cap ! $5.982B
Open High Low Value Volume
$6.34 $6.40 $6.28 $12.65M 1.991M

Buyers (Bids)

No. Vol. Price($)
2 15037 $6.39
 

Sellers (Offers)

Price($) Vol. No.
$6.40 38814 10
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Last trade - 16.10pm 11/07/2024 (20 minute delay) ?
LYC (ASX) Chart
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