I'd be amazed if the SP meaningfully drops below $1.75 which was the last effective price for conversion of bonds. I reckon there is a genuine floor of support because barring any serious bad news bondholders don't want to be seen to sell to long term instos for more than they could buy on market a month or two later.
The issue burning a hole in my brain is the NdPr price at 300rmb, it's a real worry until Lynas steer away from spot prices.
Ann: Share Consolidation Approved, page-157
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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 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |