LYC 1.30% $6.25 lynas rare earths limited

lyc meltdown , page-46

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    Maverich

    What is the company valued at trading at 66 cents.From memory About 1,140 mill, roughly, .

    It traded at $2.25 for a while after the capital raising at 2.05 a share.

    Unless my maths is wrong that's about a 3.39 billion drop.If I was ultra conservative im guessing it could be argued that at the very least half of that would have resulted from the Malay politics.

    Without the politics ,uncertainty, stalling, delays, costs and the rest we can only guess at what the price might have been by now .Three plus?? We will never know.

    Which ever way its a ton of money.

    I kinda doubt that sort of thing would happen in Australia.
 
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