Bigger Al, I agree .... from now to June 2018 is a long time in the world's markets
once again however you are only taking a glass half view full of the Lynas world
there is only one thing in my opinion which can save Lynas .... THE NEW METHOD OF COMPANY FUNDING ...
that's right, I believe Lynas needs to use the new method of raising money ... by entering into a "strategic partnership" and the strategic partner providing a substantial cash injection in return for shares
funds could be used to retire some of the massive debt overhang
the benefit to existing shareholders (strategic partner funding) is that shares issued from such raisings usually don't find their way back onto the market in a hurry
the worst thing Lynas could do in my assessment is to use a broker to raise money, because more shares than necessary are usually issued in the process (my opinion), not to mention the extraordinary high cost of broker underwriting fees which can be avoided by strategic partner funding
best to all Lynas shareholders
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Last
$9.67 |
Change
1.380(16.7%) |
Mkt cap ! $9.045B |
Open | High | Low | Value | Volume |
$9.50 | $9.96 | $9.38 | $153.8M | 15.88M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 914 | $9.67 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.68 | 12000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 914 | 9.670 |
1 | 4942 | 9.630 |
2 | 4000 | 9.610 |
1 | 5000 | 9.580 |
1 | 524 | 9.530 |
Price($) | Vol. | No. |
---|---|---|
9.680 | 12000 | 2 |
9.690 | 5598 | 2 |
9.700 | 1500 | 1 |
9.740 | 200 | 1 |
9.750 | 4857 | 5 |
Last trade - 16.10pm 11/07/2025 (20 minute delay) ? |
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