LYC 4.18% $7.72 lynas rare earths limited

trading suspended?, page-22

  1. 2,341 Posts.
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    Yes i agree with don_. Management would have needed to allow LYC to trade so as to find it's level in the current market in order to set a price for a rights issue or spp.
    imho Management are now trying to raise funds as a stop gap to cover ongoing costs in order to buy time to woo suitors or arrange other capital to fund the project.
    Just a shame.....so much promise, now more waiting and what to do will become very much clearer late next week???
    GL all holders.
 
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