LYC lynas rare earths limited

Ann: Change in substantial holding, page-4

  1. 1,354 Posts.
    lightbulb Created with Sketch. 364
    I believe, correct me if im wrong,

    FMR = fidelity management & research ..

    They buy other companies shares, package them up in products like ETF's etc .. and sell them to professional investors ..

    They're in the US and give a breath of US investors access to Lynas (as part of a bigger parcel of products) ...

    Good sign that FMR are confident in adding more Lynas into their fund vehicles, given they're notorious for being very strict on delivering high % returns for their products .. They must be very confident LYC will perform well over the coming quarters..


    Last edited by SilverlightWpf: 29/07/21
 
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Last
$12.16
Change
0.260(2.18%)
Mkt cap ! $11.37B
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$12.05 $12.35 $11.98 $58.97M 4.847M

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