There is a possibility that Mk just want to make sure if Lynas fail for any reason they can still become the controller of the company to protect its interest. Similar like oak tree for Molycorp.
In case if they own half of the company I doubt it is easy to sell even 5% to the market. Lynas can drop to 3c easily if they really try to do that. Mk will not be successful to cash in easily.
If you think they can find buyer I also doubt with that since Lynas major customers are Japanese only. Unless the buyer is from japan and 100% sure sales will be stable otherwise it is very risky.Mk is go to spend a lot of energy to make this transaction happening.
Asian Metal RE prices up again, page-27
-
- There are more pages in this discussion • 46 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.09 |
Change
0.030(0.50%) |
Mkt cap ! $5.692B | |||
| Open | High | Low | Value | Volume |
| $6.13 | $6.16 | $6.07 | $11.61M | 1.903M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12747 | $6.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.12 | 7550 | 2 |
View Market Depth
| Last trade - 16.10pm 12/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |