Chihawk: Your thinking reflects mine and that is why I posted it. I do not think the GWM story is that strong. You have explained it quite lucidly in previous posts. I await the details of the convertible bonds too. Lynas is very close to actual production of Rees and Great Western is probably three years away as you have stated. I cannot believe that the reduction in the lyscf share price in the USA relates to the news about the GWM convertible bond issuance. Do you? I am a staunch supporter of Lynas and have been skeptical of the GWM story. But today GWM is getting a big boost in their share price, but the bubble may burst after further details regarding the terms of the bond issue emerge.
great western minerals, page-2
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$8.02 |
Change
0.120(1.52%) |
Mkt cap ! $7.496B | |||
| Open | High | Low | Value | Volume |
| $8.00 | $8.09 | $7.91 | $30.69M | 3.836M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 24797 | $8.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.03 | 44081 | 6 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |