LYC 1.45% $6.80 lynas rare earths limited

toprated, the sneaky bit IMO is that you have to subscribe to...

  1. 30,924 Posts.
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    toprated, the sneaky bit IMO is that you have to subscribe to the SPP before the pricing period ends. You don't know what price you are buying at. A stunning announcement on the Monday after the offer closes could see you paying a lot more per share than you thought - that is, getting less shares for your $15,000.

    Good for existing holders who are being diluted, though. But those participating want as many shares for their buck, surely?
 
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