LYC 1.65% $6.15 lynas rare earths limited

Err... better check your numbers again ....First of all, the...

  1. 17 Posts.
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    Err... better check your numbers again ....

    First of all, the $287m revenue number you referring to is just for six months ...not 12 months or an annual figure. The annual figure for FY21 is $489m. Q1 FY22 is $122m. Before you get excited about the $122m, may i remind you again - that is for 3 months sales ...

    You do not analyse a company relative to market cap on a 3 or 6 months basis ...if the $287m sales is the ultimate reason that triggers your claimed shorts .....I suggest you reconsider a potentially financial consequential outcome ....or otherwise, you hope tomorrow there is an economic meltdown globally to "claim" and "vindicate" your short call.

    Also - if market cap to sales is what you based your short decision-making is ...maybe i suggest there are plenty out there with billions of market cap value with less than $10m last financial year revenue for you to consider ...

    https://hotcopper.com.au/data/attachments/3979/3979965-34afceb8dac656c60cc603bd1a597ba0.jpg

 
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