Lynas shareholders may have to contend with one more obstacle before the company can get into production, raising the share price more in line with its true value.
I'm not referring to approval for the LAMP go ahead, that's a given, IMO. Both Lynas and the Malaysian Government will have ticked all the necessary boxes.
My worry is that the falling share price will force more to sell. If less than 10% of the company is then in the hands of committed shareholders, a predatory takeover is on the cards and would be successful.
If you don't want to be pushed into a compulsory sale of your holding for a pittance, please stand strong and resist selling now. The rewards for long term investors will be enormous.
Lynas has massive long-term value but is currently very undervalued on the market. I cannot believe a takeover is not on the cards.
Comments, please.
dangerous territory
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$6.37 |
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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