LYC 0.39% $7.75 lynas rare earths limited

lunchtime shimmie shake, page-7

  1. 19,587 Posts.
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    PU, it was $1.3B and the former Neo is the only economic part of Molymess.

    Problem was they paid 10x the previous offer when they bought it at the top of the price bubble.

    Will Molymees clear the decks with some massive write downs Feb 28th? $1B in intangibles & goodwill? $300M+ inventory (unsaleable Ce?)?

    Any impact to RE industry? Lynas?

 
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