LYC 0.55% $6.32 lynas rare earths limited

News: LYC Malaysian Prime Minister says other companies may buy rare-earths processor Lynas, page-45

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    Wesfarmers welcomed what it described as additional clarity provided by Dr Mahathir, saying his comments were “consistent with prior public statements by the government and the views shared with us in meetings with senior Malaysian government officials since we announced our proposal to acquire Lynas”.

    With this comment and the lack of movement on the overseas markets (LYSF and LYI) it looks like the share price might hold up just below the WES offer.
 
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