LYC 2.60% $7.88 lynas rare earths limited

If the complete reversal of the Rare Earth ETF wasn't enough,...

  1. 1,518 Posts.
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    If the complete reversal of the Rare Earth ETF wasn't enough, then here's a reminder of LYC's financials:

    2018: $173m rev / $37m Gross profit
    2018: $179m rev / $46m Gross profit
    2019: $183m rev / $44m Gross profit
    2019: $180m rev / $29m Gross profit
    2020: $125m rev / $19m Gross profit
    2020: $202m rev / $51m Gross profit
    2021: $286m rev / $135m Gross profit


    ^ You're paying $8bn-$9bn market cap FOR THIS.

    A ~$7bn increase in market cap in the last year for an extra $80m revenue... LOL
    Last edited by TemptingTrade: 21/12/21
 
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