The cr this time is just a start and it is just a very short term solution. If Lynas can only sell 11k tons it definitely is not enough to repay total over $400m in 2 years. This reason is sufficient enough for the short to pull down the share price well below $1.15 before 2016 means that mk will not convert the loan. Or at the end convert it at a very low price. The automotive industry trend that lynas is putting may happen in 2020 which is 6 years from now. Lynas share will keep diluting and diluting for the whole debt and they will only let you know in last minute.
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Last
$6.06 |
Change
0.140(2.36%) |
Mkt cap ! $5.664B |
Open | High | Low | Value | Volume |
$6.02 | $6.12 | $5.97 | $11.52M | 1.904M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 12791 | $6.04 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.07 | 13019 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 14538 | 6.000 |
2 | 134 | 5.960 |
1 | 100 | 5.920 |
2 | 10167 | 5.900 |
2 | 10033 | 5.890 |
Price($) | Vol. | No. |
---|---|---|
6.070 | 3000 | 1 |
6.100 | 7705 | 1 |
6.110 | 3000 | 1 |
6.120 | 7365 | 4 |
6.130 | 3000 | 1 |
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