"jpm (or whoever they are) will get a battle-star galactica placement of shares at the real 'great buying opportunity' (a phrase used by many here, while the share price was significantly higher, in one form or another)'floor' price."
In the last quarterly, the net cash was $303m. If the burn rate is 10m per month, this is 40m till end of July. Not sure what other cost may be incurred during this quarter, but Lynas still have enough cash left, and IMHO it will be very unlikely if they do a CR. Am I missing something?
Just my view and happy to be wrong.
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Last
$9.99 |
Change
0.270(2.78%) |
Mkt cap ! $9.345B | |||
| Open | High | Low | Value | Volume |
| $9.75 | $10.15 | $9.71 | $68.77M | 6.987M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 900 | $9.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.00 | 15550 | 7 |
View Market Depth
| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| LYC (ASX) Chart |