LYC 1.04% $7.63 lynas rare earths limited

phone call, page-35

  1. 3,337 Posts.
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    To the posterss suggesting the insto are keeping price down so they get to average down. Say they pick up $25 mil at 65c (thats a 10c saving, forget the fact they could buy on market)

    @65c 38461538 shares
    @75c 33333333 Shares

    extra 5128205 shares at 65c for free which is $3.3Mil

    What do you reckon the cost of keeping the price down just for the 5 VWA pricing period let alone the lead up time.

 
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