LYC 0.50% $5.92 lynas rare earths limited

raineranne2, If Lynas did not have the SPP and create 1.6...

  1. 90 Posts.
    lightbulb Created with Sketch. 17
    raineranne2, If Lynas did not have the SPP and create 1.6 billion shares then I think your high six digit number of shares would be worth next to nothing? If the Chinese deal went through, the same amount of shares would have to been created if they were to be majority shareholders anyway so from where I am sitting, I would rather be in this position with a company that has lots of potential and going forward! What other options did they have? I also have mid six digit numbers of shares and I believe in this management to do the right thing!
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.