I agree with you that I don't like the deal.
" can Lynas afford to fund any unforeseen problems merging with a company with debt."
First MP current cash on hand is 548 M Which when compared to book value, MC and cash burn is better than Lynas's and MP has not sold any blocks of stock to fortify their cash balance.
Since by end of Febuary we will have SAR from Lynas and AR from MP I suggest we wait till then and use current information. I see lots of reasons why this deal should not proceed. One that I think is in the top 3 and not mentioned at all in either of the posts on this subjects IS US Gove is unlikely to let this happen because it would form a free world monopoly. Even if it did become approved, we are talking a long time and lots of money to do it. This appears to be another Case of AL not getting how complicated the US Government bureaucracy can be. Just like delays in Texas. I do not know much about AU laws or government attitudes maybe you could give some back ground on what the AU gov. would think of this.
Here is MP latest Q report I do not see the debt you refer to, looks very manageable to me. https://d18rn0p25nwr6d.cloudfront.net/CIK-0001801368/153f7658-f4e2-4ecf-bc20-a5ffff4a53e6.pdfLynas approached MP how does that make sense to what you said.
The transaction only makes sense if US Gov has decided to solve its supply chain problems by acquiring LYC technology.
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Lynas approached MP how does that make sense to what you said....
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Last
$9.10 |
Change
-0.035(0.38%) |
Mkt cap ! $8.582B |
Open | High | Low | Value | Volume |
$9.14 | $9.23 | $9.02 | $7.306M | 798.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 4561 | $9.09 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.10 | 6834 | 16 |
View Market Depth
No. | Vol. | Price($) |
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22 | 5269 | 9.110 |
15 | 6490 | 9.100 |
15 | 22048 | 9.090 |
14 | 20898 | 9.080 |
9 | 7020 | 9.070 |
Price($) | Vol. | No. |
---|---|---|
9.120 | 4397 | 15 |
9.130 | 10583 | 24 |
9.140 | 6342 | 17 |
9.150 | 11499 | 19 |
9.160 | 10463 | 17 |
Last trade - 12.34pm 24/06/2025 (20 minute delay) ? |
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