LYC lynas rare earths limited
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afr: mt kellett may convert debt into equity, page-14

  1. switchmullet
    1,568 Posts.
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    22/04/14
    15:56
    Post #: 13273892
    Jan Johnson you said:

    "Why on earth would Lynas give them an 80% discount for the privilege of being taken over for peanuts??"

    Because if the alternative is not being able to service your debt and going bust then the deal doesn't look so bad.
    LYC Price at posting: 18.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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