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.
Technical, page-1216
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Last
$7.15 |
Change
0.010(0.14%) |
Mkt cap ! $6.683B | |||
| Open | High | Low | Value | Volume |
| $7.14 | $7.27 | $7.12 | $40.32M | 5.616M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 9062 | $7.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.16 | 6000 | 1 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |