aushed.
the cr was not the reason we all lost money from future returns due to dilution.
rather the reason behind our losses are the delays which created a $ 200m hole in LYC minimum cash reserves.
the cr and the alleged dilutiion is not the culprit. the delay is.
it feels like people keep blaming the CR and talk about dilution when in fact when in fact our SP has ALREADY been eroded even prior to the CR due to the delays and that the CR was necessary for without it, our SP will be 10 cents.
we keep lamenting on dilution, that our original slice of the cake is smaller, when in fact the delay is the problem - not the cr, not the alleged dilution.
lynas's time in the sun is approaching, page-23
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Last
$7.81 |
Change
-0.130(1.64%) |
Mkt cap ! $7.286B | |||
| Open | High | Low | Value | Volume |
| $7.78 | $7.85 | $7.70 | $12.02M | 1.545M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 13673 | $7.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.82 | 8154 | 26 |
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| Last trade - 14.45pm 05/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |