LYC 0.79% $6.98 lynas rare earths limited

701 shareholders, page-47

  1. 5,436 Posts.
    put 1 and 1 together for yourself

    record date was Fri 2 May Close Sp =16.5c

    SPP opening date Fri 9th May Close SP =13.5c

    Today date 20th May close price n/k (current 11.75)

    Tomorrow 21st May is the comm of the 5 day Pricing period.

    >>>>Tuesday 27th May is the SPP Shortfall will be notified to underwriter on this date<<<<<

    BUT ALLOTMENT DATE IS on the 29th MAY ,(((and not quite sure whether the shares would be readily available to trade on this day ))

    Does that tell you that the underwriter is at least 1 day ahead of the retailers to make a swift move if they want to?

    Don t play with big boys if you don t want to get hurt .



 
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