LYC 0.98% $6.21 lynas rare earths limited

70% chance of bankruptcy, page-7

  1. 5,436 Posts.
    Papertigger :
    Lynas chose to build LAMP in Malaysia to minimise tax to the Australian Gov.

    Now Malaysian Gov got Lynas by the proverbial , because it would be hard for lynas to sell LAMP to anyone while being governed by Malaysian rules.

    We have seen how Malaysian Gov operates during te election year whenLynas was waiting for POL or for TOL.

    How much of LYNAS is actually OWNED by Australian ppl/shareholders.

    What you should have said is that the Australian Gov Regulators should investigate LYNAS operation , and to give more details in their reports.

    "The moral and the business cases are excellent."
    Who would trust me if i had same moral as LYNAS.
    Just put it to politically , and legally within the limits.

    Shareholders are paying for Lynas solicitors who cover the board.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.21
Change
0.060(0.98%)
Mkt cap ! $5.734B
Open High Low Value Volume
$6.21 $6.22 $6.07 $8.693M 1.413M

Buyers (Bids)

No. Vol. Price($)
22 8741 $6.20
 

Sellers (Offers)

Price($) Vol. No.
$6.21 18745 29
View Market Depth
Last trade - 15.58pm 29/07/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.