Financial commentators now saying the "market" now looking at value propositions rather than the "growth" or high PE businesses in a higher interest environment. Lynas' is now about 49.5 according to 2 sources. I guess it will be "potential vs PE" re the Lynas SP. I'm hoping potential wins out. Investors will eventually start looking for growth segments again, and I think the "green tech" companies will be in hot demand in the future, which includes Lynas.
Wow my time to Top up, page-20
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Last
$6.87 |
Change
-0.170(2.41%) |
Mkt cap ! $6.421B | |||
| Open | High | Low | Value | Volume |
| $7.08 | $7.26 | $6.82 | $32.24M | 4.640M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10611 | $6.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.89 | 3277 | 2 |
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| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |