I thought the raising of capital was madness, now months later I'm glad.
The lack of communication re -
successful extraction of rare earths, percentages, quantities and purity of the product is maddening. I understand their customers need to approve of the product but I fail to understand why they can't advise how successful or otherwise the process has been . Surely continuous disclosure requires management to let us know what's happening? . Eg if I was invested in a sausage factory I'd like to know how many sausages were being made per day etc, and if the $800 million sausage machine was working to spec or not capable of cranking out a good sausage at all ?!?! How can I assess my investment without the facts ?
company communication
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Last
$6.53 |
Change
0.185(2.92%) |
Mkt cap ! $6.094B | |||
| Open | High | Low | Value | Volume |
| $6.44 | $6.55 | $6.43 | $6.111M | 939.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 3093 | $6.52 |
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| Price($) | Vol. | No. |
|---|---|---|
| $6.53 | 50588 | 42 |
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| Last trade - 14.03pm 04/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |