http://www.theaustralian.com.au/bus...624117439?sv=9b3f4089a55d649a2052ffa08282ba41
"
Rare earths miner Lynas, which has seen its share price more than double in the last month, says it doesn’t know why the company’s shares have surged 50 per cent over the last five days.
Lynas shares, which have rallied as much as 20 per cent today, have jumped from 4c a share last month to as much as 14.25c per share today. The surge has tripled the miner’s value to around $450 million.
Lynas (LYC), which has logged three consecutive quarters of positive free cash flow, said this week that it was keen on moving to fixed contracts and other arrangements to gain price stability in the volatile rare earths market.
But responding to an inquiry from sharemarket operator ASX today about why the stock has rallied around per cent over the last 5 days, the company said it had no explanation.
“The company is not aware of any information concerning it that has not been announced which, if known by some in the market, could explain the recent trading in its securities,” Lynas said."
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