LYC lynas rare earths limited

Ann: Fully Underwritten Equity Raising - Approximately A$425M, page-2

  1. 28,687 Posts.
    lightbulb Created with Sketch. 4990
    All good LT, but not too sure about ST. No particular strategic investor, just insto placement is bit disappointing, but $2.30 isn’t too bad a result. Evenly split between placement and rights issue, so Retailers really need twice their entitlement not to get diluted but can only apply for 150% of entitlement and hope not to get scaled back. With 22% more shares being issued, all things being equal, should really head towards $2.01 - I don’t think it will, because there is plenty to like still, but certainly opportunities coming to buy more on market I would guess, no hurry.
    Last edited by CEOChair: 17/08/20
 
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Last
$12.62
Change
0.460(3.78%)
Mkt cap ! $11.80B
Open High Low Value Volume
$12.00 $12.63 $11.94 $104.8M 8.451M

Buyers (Bids)

No. Vol. Price($)
1 5 $12.60
 

Sellers (Offers)

Price($) Vol. No.
$12.62 2061 1
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Last trade - 16.15pm 08/08/2025 (20 minute delay) ?
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