Sr20etc, yes I agree... And the other poster as well, as in the ST, obviously the SP adjusts to the SPP in a kind of circular argument until a balance is reached and the SPP price determined. However, going forward, this has to be the end of the uncertainty... Assuming Nomura proceed, then it becomes a simple task each quarterly report to consider how Lynas is placed to pay back the whole in 2016. That will determine the SP to a large extent going forward and as soon as it becomes clear Lynas can do so, then that is when long term holders get to reap the rewards for the years of pain.
nomura transaction., page-4
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Last
$6.23 |
Change
-0.180(2.81%) |
Mkt cap ! $5.823B | |||
| Open | High | Low | Value | Volume |
| $6.31 | $6.34 | $6.23 | $15.33M | 2.448M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 18426 | $6.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.24 | 7550 | 1 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |