I don't think they can just drop it, so cant say i agree with the both of you, if they do it will show weakness.
And if that is the case, it will impact on the Malaysian side of things, with giving the government more of a power trip.
So Lynas has to pursue it right through to the end, to make an example & a statement that they are willing to put their foot down and fight till the end.
I mean even for me as an investor, if they just dropped it, i would not feel confident for their future growth.
announcement - malawi update, page-9
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Last
$7.71 |
Change
-0.010(0.13%) |
Mkt cap ! $7.169B | |||
| Open | High | Low | Value | Volume |
| $7.71 | $7.74 | $7.63 | $4.120M | 540.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 5327 | $7.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.72 | 4737 | 15 |
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| LYC (ASX) Chart |