"Glodman Sachs pulled out on their financing agreement and nearly pushed Lynas into Chinese hands in 2008. Hope they feel pretty stupid valuing it so highly now."
VERY TRUE. I can remember posting about a "Goldman SUCKS" at that time. This is what led to the SP crash followed by the infamous Curtis Quote that the small shareholders would not support an SPP and the Chinese offer was the only way to survive. I posted at that time that I was suspicious of some collusion in the whole business at that time. I still believe it.
What angle Goldmans are working on now is yet to be seen but be assured there IS an angle.
There last effort allowed me to buy quite a few discounted LYC. Maybe this present effort will allow me a chance to sell those at a handsome profit.
Is it designed to make us happy and take our mind off the Crown jewels?. I wonder if they are involved with Forge!.
give thanks to goldman, page-21
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Last
$6.29 |
Change
-0.010(0.16%) |
Mkt cap ! $5.879B | |||
| Open | High | Low | Value | Volume |
| $6.34 | $6.37 | $6.29 | $15.63M | 2.473M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1079 | $6.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.31 | 10515 | 3 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |