LYC 0.00% $7.88 lynas rare earths limited

congratulations to all long term holders this is good news. 138...

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  1. 7,722 Posts.
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    congratulations to all long term holders this is good news. 138 more US D or 205AUD. Nice stock jump. is the stock jump justified or just emotional.
    There are 933 M shares issued. so 205 /933 so grant is worth AU$ 0.22 a share so a 0.20 jump in stock looks reasonable. Except this is Cap X money so the effect on bottom line is depreciated over 20 or more years so impact to earnings is about 1 cent per year. The impact to cash flow is not delayed.
 
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