Hi Projectulu,
"if however circumstances are such that your initial investment is no longer worth $1 but 0.50 prior to the CR, then the CR at 0.50 did not dilute you.
your loss of value is entirely due to the adverse circumstances, not dilution."
My view is it was manipulated down to 50c for the trade/cr to happen, a combination of techniques used such as mass selling off, shorting & HFT, with the knowledge of buying back in via the CR at a discounted SP.
You'll be surprised what the big players get up to
lynas's time in the sun is approaching, page-61
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.82 |
Change
-0.120(1.51%) |
Mkt cap ! $7.286B | |||
| Open | High | Low | Value | Volume |
| $7.78 | $7.85 | $7.70 | $14.34M | 1.841M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 7789 | $7.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.83 | 13559 | 39 |
View Market Depth
| Last trade - 15.45pm 05/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |