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0.00% $6.40 lynas rare earths limited

insto's vs 75c issue, page-13

  1. peakmastery
    1,118 Posts.
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    16/11/12
    11:32
    Post #: 11009241
    1. The underwritter, JPM has only underwritten 50% of the SPP
    2. They won't pay 75c. They'll pay a 2.5% discount to the 5 day VWAP, so it could be in the fifty something cent region. time will tell.
    LYC Price at posting: 59.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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