LYC 2.56% $6.10 lynas rare earths limited

Capital Raising immnent, page-63

  1. 8,916 Posts.
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    Specky, from this post we might assume you have signed up as an underwriter again

    Let's hope markets recover next week. LYC was one of the minority that were not in a sea of red today. I'd expect SP to go under 10c if they try and raise $80m.

    With 3.3b shares a net profit of $33m = EPS of 1c = ~10c. Maybe in 2017.

    Best.
 
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