I wouldn’t be surprised to see the share price drop towards $1.70 in the short term before rising significantly higher.
Lynas did a capital raising for the Kalgoorlie rare earth plant in August 2020 at $2.30 when the SP was around $2.60 and the SP did drop towards $2.30.
The share price now.......$3.77 !
Ann: Trading Halt, page-200
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