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$6.90 lynas rare earths limited

Capital Raising immnent, page-101

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barrons

282 Posts.

29/09/14

09:20

Post #: 14041246
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Originally posted by serena ↑

Cafa.... I do not want to debate in this forum because it will waste my time and energy. However, let me explain to you in details (only this time).

If existing shareholders subscribe the right issue, there will be no dilution. If you do not understand this issue, let me teach you.

Simple illustration: total shares outstanding = 100. You owns 70% of total shares outstanding (70% x 100 = 70 shares) The company offers right issue with the following ratio 5 for 10. Total new shares to be issued under right issue = 100/10 x 5 = 50 shares. Total shares outstanding after right issue = 100 + 50 = 150. You subscribe to right issue and obtain additional new shares = 70/10*5 = 35 shares. Total shares owned by you after right issue = 70 + 35 = 105 shares. Your equity ownership after right issue = 105/150 x 100 = 70%

Gain or loss is in your own hands. This is not investment advice. DYOR.

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If you have to pay for more shares to retain the same percentage as prior to CR You have reduced your available capitol.If you do not buy then you are diluted .Until the terms are known you could be diluted

LYC Price at posting: 11.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last $6.90		Change 0.090(1.32%)		Mkt cap ! $6.449B

Open	High	Low	Value	Volume
$6.94	$6.95	$6.79	$17.23M	2.502M

Buyers (Bids)

No.	Vol.	Price($)
1	20	$6.88

Sellers (Offers)

Price($)	Vol.	No.
$6.90	970	1

View Market Depth

No.	Vol.	Price($)
1	20	6.880
2	7986	6.870
4	15139	6.860
2	11891	6.850
2	8893	6.840

Price($)	Vol.	No.
6.900	970	1
6.910	16084	7
6.920	32176	6
6.930	16326	5
6.940	12391	2

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