Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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this is a great company,,but for me its well overvalued,,too many uncertainties,,with a P/E72,,the EU situation could escalate,,,ive sold out,,will come back when the dust as settled
steviewonder77 - I'm not sure how you've arrived at a P/E Ratio of 72. I'd be genuinely interested to see your workings, so perhaps you'd care to share? My calculations:- Using the last accounts available, the quoted adjusted earnings per share are 200pence. At a share price of around £86, this gives a P/E Ratio of 43. If you check the financials for this stock on the HL website, they also quote a P/E Ratio of around 43.
LSE boss Schwimmer says "blank cheque" listings could boost London after Brexit
29 Jan 2021 21:34
LONDON, Jan 29 (Reuters) – Britain should replicate New
York's success in listing "blank cheque" companies to boost the
City of London's attractiveness as a global financial centre after Brexit, London Stock Exchange Chief Executive David
Schwimmer said on Friday.
"SPACs clearly have taken off in the U.S. markets. There is increasing curiosity and potential interest in seeing more of them here," Schwimmer told Reuters.
"We do think are opportunities in the UK listings regime to make some changes that would make us a more attractive listing regime while maintaining high standards of corporate governance."
(Reporting by Huw Jones
Editing by Rachel Armstrong) ((huw.jones@thomsonreuters.com; +44 207 542 3326; Reuters
Messaging: huw.jones.thomsonreuters.com@reuters.net)
The new thread started today with new code for the company LSEG
What has caused the drop???
Apparently due to the esclating cost of running the business. Time to clear the dead wood, IMHO.
This stock wins prize for most manipulated share prize this week.
Even HL can’t keep up.
7,384 to sell, 7,456 to buy. The manipulative sharks won’t let you buy 7,394.
What a farce this market has become:(