LYC 1.17% $6.74 lynas rare earths limited

Today marks the end for LYC, page-18

  1. 7,619 Posts.
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    Do you understand that Lynas in spite of a fantastic year last year only earned AUD 0.18 a share because there is 900M shares. That means Lynas is only earning 2% on the share price. They are a great company with great operational numbers in an exciting marketplace. They are the only major manufacture outside of China. All very strong pluses for the company. Unfortunately there are 900M+ shares and that says that the share price is way out Wack. Show me what you think revenue and profits will be in 2026 and what share price that will support. Lynas is a great company with a great future. unfortunately NC free spending created lots of debt and clearing that caused massive dilution of the stock even after a 1 for 10 split.
 
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Last
$6.74
Change
-0.080(1.17%)
Mkt cap ! $6.300B
Open High Low Value Volume
$6.83 $6.85 $6.67 $15.08M 2.242M

Buyers (Bids)

No. Vol. Price($)
1 70897 $6.74
 

Sellers (Offers)

Price($) Vol. No.
$6.75 3296 2
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Last trade - 16.10pm 17/09/2024 (20 minute delay) ?
LYC (ASX) Chart
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