Sorry, but who are you referring to? I am not complaining about downrampers but about the transparency of the Australian capital market and its market supervision. I hold about 1.5m shares in Lynas and am quite convinced that the company is currently undervalued and will be succesful in the long term. However, I don't like principal-agency conflicts/collusion of interest and I don't like it that the Australian system seems to allow that shareholders can be diluted at the mercy of the company's management. Nor do I like the proximity between NC and the bankers if this does not produce value for shareholders.
If the management does not deliver a very substantial increas in the shareprice until the next AGM we should kiss them goodbye and good riddance.
bitterly disappoined, page-63
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