LYC 0.50% $6.09 lynas rare earths limited

Ann: Share Consolidation Approved, page-95

  1. 613 Posts.
    We were 2.25 beginning of October, back to 1.90 early November, back to 2.15 end of November, and now around 1.90 again. Why is Post-Consolidation blamed for a movement in the share price which also occurred Pre-Consolidation. When the SP hits 3.00 it must solely be due to the Consolidation and nothing to do with the fundamentals of the Company. You don't have to take a long term view to get over the fact LYC has gone through a Consolidation, but you should probably take a view longer than a week.

    I just think consolidation is a real positive, can't help it…..apologies..!
 
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