LYC 0.66% $6.06 lynas rare earths limited

company communication

  1. 276 Posts.
    lightbulb Created with Sketch. 13
    I thought the raising of capital was madness, now months later I'm glad.
    The lack of communication re -
    successful extraction of rare earths, percentages, quantities and purity of the product is maddening. I understand their customers need to approve of the product but I fail to understand why they can't advise how successful or otherwise the process has been . Surely continuous disclosure requires management to let us know what's happening? . Eg if I was invested in a sausage factory I'd like to know how many sausages were being made per day etc, and if the $800 million sausage machine was working to spec or not capable of cranking out a good sausage at all ?!?! How can I assess my investment without the facts ?
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.06
Change
0.040(0.66%)
Mkt cap ! $5.664B
Open High Low Value Volume
$5.80 $6.06 $5.76 $50.03M 8.403M

Buyers (Bids)

No. Vol. Price($)
2 3840 $6.03
 

Sellers (Offers)

Price($) Vol. No.
$6.07 39097 4
View Market Depth
Last trade - 16.10pm 24/07/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.