IF the AELB have informed Lynas of anything material and/or legal re TOL issuance(other than to and fro'ing of paperwork to gain TOL in relation to the specific requirements etc) then I would expect Lynas to inform the shareholders as such.
The fact therefore remains Jukie that you would need to prove that Lynas have anything material to advise as per this:
"13. ASX acknowledges that it is important to strike an appropriate balance between encouraging timely disclosure of material information and preventing premature disclosure of incomplete or indefinite matters.
Premature disclosure may result in a false market and in some cases unduly prejudice an entity's commercial interests. The purpose of the rule is to elicit disclosure of the highest quality which is of benefit to the market."
LYC Price at posting:
89.0¢ Sentiment: None Disclosure: Held
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