bears are getting desperate, page-23

Dear HolyGrail,

There are two types of investors.

Category 1: Those investors believe that average price between 21 may and 27 May will be lower than current price at 0.130 (at 8 May 2014) therefore they sold their shares today and yesterday and plan to buy back later at a cheaper price. SELL high and BUY lower later = PROFIT.

Category II: Those investors including me believe that current price at 0.130 is undervalued (lower than book value of equity) therefore we expect that average share price between 21 May and 27 May will be higher than current price at 0.130. BUY low and sell High later = profit.

I believe that current price is driven by panic selling therefore it does not reflect the current Lynas' book value of equity.

Before making decision, I am sure that Lynas board has gone through various scenarios. I guess that the board made decision NOT to set fixed price because they believe that average price of Lynas between 21 May to 27 May will be higher than price before trading halt minus 17.5 discount i.e. 87.5% x 0.165 = 0.136.

In addition, I guess that "something" may happen prior to pricing period (This is only my personal opinion). Please do your own research. I could be WRONG. Who is right or wrong, it is just a matter of time after 27th May 2014.