Just for record I went back and relistened to AL and what she said about dividends. At very best it was neutralJust away to apease people who wanted it.
Here is a chart of Cash flow for Lynas Please explain how they could pay even a 25 cent /yr dividend and not have cash flow problems
0.25 X 933 million shares is $200. Do you realy think they could pay that for 4 or 5 years. Lowering or cancelling a dividend usually cause a steep decline in SP i guess they could pay a dividend then sell more stock to cover it but does that make sense to you? In one year cash on hand has dropped AU$ 500M if we take out stock sales and JARE loan forgiveness.
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LYC
lynas rare earths limited
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0.27%
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$9.21

Ann: Quarterly Activities Report, page-41
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Last
$9.21 |
Change
0.025(0.27%) |
Mkt cap ! $8.587B |
Open | High | Low | Value | Volume |
$9.21 | $9.28 | $9.10 | $1.381M | 150.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 638 | $9.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.21 | 757 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 919 | 9.180 |
1 | 75 | 9.170 |
5 | 696 | 9.160 |
1 | 2 | 9.140 |
1 | 100 | 9.120 |
Price($) | Vol. | No. |
---|---|---|
9.210 | 4694 | 5 |
9.220 | 9 | 2 |
9.230 | 1378 | 1 |
9.240 | 6000 | 1 |
9.250 | 1508 | 4 |
Last trade - 10.06am 25/06/2025 (20 minute delay) ? |
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LYC (ASX) Chart |