LYC 2.56% $6.10 lynas rare earths limited

Ann: Fully Underwritten Equity Raising - Approximately A$425M, page-12

  1. 2,935 Posts.
    lightbulb Created with Sketch. 149
    Nah don't worry, that seemed bloody high, so you encouraged me to check properly. Its all good, just around $10 mil which is reasonable (I guess... I'm clearly still in the wrong industry lol)

    https://hotcopper.com.au/data/attachments/2387/2387097-9ac3b6f66ccfd635c867ba8a4a0a35f3.jpg
    So the net impact is $415 out of $25 mil, implying fees of $10 mil.
    Cash has risen from $102 to $517 or net cash from negative $97 to $318 mil
 
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