And pray tell what prices?
One thing that is certain is the single set of look foreward prices you are using are wrong, as are everyone elses. There are widely diverging views of how valuable LYC could be yet you are completely certain it is exactly 80c on a best case basis.
Take a quick refresh of how volatile the last few years have been in rare earths, then contemplate how much more volatile the longer term will be.
why lynas is only worth 60c a share, page-4
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Last
$6.28 |
Change
-0.015(0.24%) |
Mkt cap ! $5.865B | |||
| Open | High | Low | Value | Volume |
| $6.29 | $6.30 | $6.26 | $3.623M | 576.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 9474 | $6.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.28 | 9904 | 40 |
View Market Depth
| Last trade - 11.24am 18/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |