LYC lynas rare earths limited

Equity conversion

  1. 963 Posts.
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    from the fin review this morning


    US-based hedge fund Mt Kellett Capital Management is understood to be considering converting its debt into Lynas equity at about 10¢ per share, which would deliver it a substantial stake in the $190 million miner.

    Mt Kellett has been involved in Lynas since January 2012, when it gave Lynas $US225 million to fund the first phase of its Malaysian plant.

    In return, Mt Kellett received $US225 million of Lynas convertible bonds, and hold the
 
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(20min delay)
Last
$10.01
Change
0.000(0.00%)
Mkt cap ! $9.363B
Open High Low Value Volume
$10.18 $10.34 $9.98 $82.85M 8.194M

Buyers (Bids)

No. Vol. Price($)
2 420 $10.00
 

Sellers (Offers)

Price($) Vol. No.
$10.01 293 1
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Last trade - 16.15pm 16/07/2025 (20 minute delay) ?
LYC (ASX) Chart
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