You forgot to add this part of the article :-
The important point with the restructure is that repayment has been pushed out another two years. It is clear that Lacaze has begun to turn Lynas around, reducing debt and – interestingly – finding markets outside China for both its lanthanium and cerium as well as the neodymium-praseodymium product. This will be important if the Chinese economy and the yuan value unwinds. On top of that Lynas has cut its operational costs substantially. The unfolding currency crisis in Asia may also be of benefit, with Lacaze making the point that the Malaysian ringgit has lost 24% of its value against the greenback since this time last year; the Australian dollar has lost 22%. And Lynas makes most of its sales in U.S. dollars while its costs at the Mt Weld mine and at its Malaysian processing operation are in the Australian and Malaysian currencies. Still, things will need to continue to improve by 2018 when that debt is due. - See more at: http://investorintel.com/technology...t-in-takeover-or-merger/#sthash.PznboX5G.dpuf
- Forums
- ASX - By Stock
- LYC
- Lynas open to offers - Takeover or Merger
LYC
lynas rare earths limited
Add to My Watchlist
1.57%
!
$8.14

Lynas open to offers - Takeover or Merger, page-4
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$8.14 |
Change
-0.130(1.57%) |
Mkt cap ! $7.614B |
Open | High | Low | Value | Volume |
$8.33 | $8.34 | $8.10 | $16.67M | 2.043M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | $8.11 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.15 | 33485 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 8.110 |
18 | 23634 | 8.100 |
2 | 28013 | 8.080 |
2 | 14863 | 8.070 |
6 | 15954 | 8.060 |
Price($) | Vol. | No. |
---|---|---|
8.150 | 33485 | 4 |
8.160 | 14694 | 6 |
8.170 | 13382 | 3 |
8.180 | 5968 | 1 |
8.190 | 3712 | 1 |
Last trade - 16.10pm 07/07/2025 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |
The Watchlist
AGC
AUSTRALIAN GOLD AND COPPER LTD
Glen Diemar, MD
Glen Diemar
MD
SPONSORED BY The Market Online