We understand the frustration of Lynas shareholders concerning the TOL for the Malaysian plant. We assure you that we are working very hard on this issue. We need all stakeholders to be patient as we work through the regulatory and political process in Malaysia. We will let the market know as soon as there is further news. With regard to the Lynas share price, as you would understand, we do not comment on, nor do we make predictions about our future share price. This question would be best directed to a broker.
Best regards, -
Lynas CORPORATION LTD Level 7, 56 Pitt Street Sydney NSW 2000 Australia W: www.lynascorp.com"
Do they understand the frustration of Holders??? Well I have a couple of brokers, and fat lot of good they have been in giving me a decent entry price. Guess I can't blame everything on Lynas! There are so many people in the red though, and shareholders like me do not want nor are interested in any more excuses or delays!
People suggesting TOL on Tuesday- Every week someone is suggesting a new day. "This fri" "Next Wed"; Even if you have comments from people to back up your theories, how can we believe anything anymore? Speculating on certainty of days just makes people even more agitated..
In addition to all the above delays/ occurances we have market conditions & general stock market sentiment falling through the floor due to Europe which of course everyone is already aware of. Lucky for the people who get excellent timing and grab shares up at a insanely low price.. too bad for the ones who are already on the rollercoaster and have been for a long time.
Even though I bought in a lot higher on several occasions than current price, I will choose to Ride this rollercoaster out until the storm subsides and hopefully an Announcement is released! But that doesn't necessarily mean all these investor's will invest in companies like this again in the future. Esp those who have dealings with Malaysia...
What I haven't liked nor appreciated is shareholders being kept in the dark. Even if not the TOL announcement is released why not just an ann to market just to give shareholders an update on what is happening. To restore a bit of confidence; even a bit of speculating on their part on why these delays are happening...
It's our company and our money after all....
Regards, A bitter and twisted (fed up) shareholder.
LYC Price at posting:
88.5¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)