LYC 0.65% $7.77 lynas rare earths limited

it seems nobody knows, page-42

  1. 5,436 Posts.
    peakmastery
    I readily apologized cause i did say
    "Remember that the retailers cannot sell the shares bought in the SPP till they are officially allocated on friday"

    and you pointed out that it was,

    "(vi)(Allotment Date) the Company proposes to allot the New Shares on Thursday, 29 May 2014;"

    Maybe i was thinking that whatever is said in the LYC announcement is NOT likely to be on schedule or on budget.

    Now let us see if i got the other bit of the post right .

    "The big test how good this rally is, depends ,on Thurs ,FRI and more so next week & thereafter."

    How much Gains that would give to the retailers who bought @11.3c to whenever they can sell them.

    Mind you while they are waiting ,they can offload other LYC if they hold. Or just stick them in bottom drawer .
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.