LYC 1.55% $6.21 lynas rare earths limited

Ann: Share Consolidation Approved, page-113

  1. 2,177 Posts.
    lightbulb Created with Sketch. 204
    there're some mixed feelings about the price but I think it's a good chance for me to jump on board on the 12th

    this is just a way to reduce share registry cost and to reduce the no. of unmarketable shares.
    It has a little bit of down side effect UNLIKE the share splits in which it could drop very heavy.

    I experienced the share splits and I also experienced shares restructuring/consolidation and I never lost on those tradings.

    I wish I could buy below 1.90 and I think it will surge back up depending on market demands.
    Last edited by equityma: 02/12/17
 
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