You post them they are in the public demand. Why do you post if...

You post them they are in the public demand. Why do you post if not to make people think and comment. Just because I think Stock is going down further and you do not does not give you the right to say only people that agree with you can comment. You are welcome to comment on all the data I post to explain why you think I am wrong.

i understand why from a chart perspective Lynas appears oversold. It has dropped substantially since May of 2022. But look at the following metrics and say why it is oversold. I realy do believe it is over priced. Add to this that REMX has dropped 30% in less than 3 months which Tells me the optimism for REE stocks that has let Lynas sell for much more than they are worth is fading rapidly.

So here are some updated metrics from after annual report. They are all from https://finance.yahoo.com/quote/LYC.AX/key-statistics?p=LYC.AX so none are my numbers.

Trailing PE 19.
Forward looking PE 50 how does Lynas support a PE of 50 in future? Simple answer is they cannot. To lower PE one off two things has to happen. SP goes down or Profits go up Neither UBS or I see Profits going up.
Price /sales 7.56
Price/ book value 2.81 This set a lower limit on SP fall of about $3.00
Diluted EPS 0.34 I have a money market account that is paying 5.4%. Lynas is not even earning this much per share. $6.50 * 0.054= 0.0351
Levered Free cash flow -319M. Watch what this does to the A $ 1 B in Free cash in Q1

I only showed a few of the statistics and I will admit they are ones that help my point. So why don't you look and make a case why we are at a bottom and will not settle at a SP of A$3.00 ~ $ 4.50 in 6 to 12 months.

I do see your double bottom clearly and there was a high of 11.59 in May 2022 but you have to look much further than your charts to see what the support level is for Lynas SP. Stop trying to catch falling knives buy buying. Wait for some good news and solid performance before buying.