LYC 1.65% $6.15 lynas rare earths limited

Ann: FY18 Financial Report Presentation, page-40

  1. 10,604 Posts.
    lightbulb Created with Sketch. 1242
    Well thats right - Lynas did miss the headline figure - I think they will analyse the fine print carefully as yesterday was over done but thats what happens when the headline figure is missed.

    Hopefully this is a good lesson for Lynas and holding back 100 tonnes in June qtr as it was the smart thing to do as per Amanda. The market will punish you relentlessly if the headline figure is missed with moves like that.

    It's a lesson that had to be dished out and moving forward its reinforcing the "money men" are ruthless so don't screw it up.
 
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