LYC 0.34% $5.93 lynas rare earths limited

Lynas doesn't have the money? Who used their own money to expand...

  1. 909 Posts.
    lightbulb Created with Sketch. 116
    Lynas doesn't have the money? Who used their own money to expand these days.
    if Japan offer another low interest loan to build a plant that doubles capacity it would make good business sense.

    The extra income would more than offset the interest and that's what matters.

    Also a placement at $3 a share to build a new plant would be snapped up by the big end of town in my opinion. Lynas have the IP now to build a plant that will work without the learning curve of newbie junior.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$5.93
Change
-0.020(0.34%)
Mkt cap ! $5.542B
Open High Low Value Volume
$6.04 $6.04 $5.93 $23.75M 3.975M

Buyers (Bids)

No. Vol. Price($)
8 128544 $5.92
 

Sellers (Offers)

Price($) Vol. No.
$5.95 12481 2
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.