LYC 0.66% $6.06 lynas rare earths limited

Ann: Trading Halt , page-14

  1. 5,800 Posts.
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    @vvg : first, my post above wasn't directed at you specifically, so there was no need to do what my wife does and immediately fire back with something you think was a mistake on my part! ;)

    Second - yes I DID listen to the entire conference call live, and that last phrase - "The facts are that we do not see short term equity raisings as useful to cover short term working capital requirements" - would seem to suggest that a cap raising - at least in the short term - wasn't likely. I agree he didn't - couldn't - specifically rule it out. But the impression he gave was that a cap raising was not immediately on the cards. Yet within days - we had exactly that. And not just a little one to tide us over (we would have had $14m left by the end of the year) but a great big one.

    But back to today's halt - does anyone know what time this in-chambers appeal is due to be heard, and if or when the decision is likely to be handed down?

    By the way, vvg - you're NOT my wife posting from her own account, are you? ;)
 
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