LYC lynas rare earths limited

Equity conversion, page-6

  1. 28,610 Posts.
    lightbulb Created with Sketch. 4976
    Sounds about right cafa. Best interests of everyone, as you say.
    The less debt Lynas has, the more leveraged the SP becomes to RE price upside. Also, MK's 40% isn't going to be for sale on market any time soon, obviously they belief it will be worth more to them in the LT than $225m. So the shares on issue, although much greater, become proportionally extremely tightly held. Early doors, but this could shoot up quickly IMO, will be interesting to see initial market reaction this week and again when anything is confirmed, possibly on release of the QR. (tif today's news doesn't force an Ann out)
    Last edited by CEOChair: 25/10/16
 
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Last
$10.16
Change
0.160(1.60%)
Mkt cap ! $9.494B
Open High Low Value Volume
$10.25 $10.32 $10.00 $20.79M 2.048M

Buyers (Bids)

No. Vol. Price($)
31 7771 $10.15
 

Sellers (Offers)

Price($) Vol. No.
$10.16 1643 3
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Last trade - 12.14pm 15/07/2025 (20 minute delay) ?
LYC (ASX) Chart
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