As others have posted, the CR is required for Lynas to have operating capital going forward. Dilution is modest.
.75 price guarantees the CR being fully subscribed and offers inst investors a good price for future profits. These investors put money into more expensive shares a couple of years ago, too.
NC owns many millions of shares. He will earn big money as the Lynas SP continues to go up with production, revenues and earnings.
Kudos to Lynas and all longs!!
As others have posted, the CR is required for Lynas to have...
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Last
$6.29 |
Change
0.010(0.16%) |
Mkt cap ! $5.879B | |||
| Open | High | Low | Value | Volume |
| $6.39 | $6.39 | $6.25 | $15.56M | 2.471M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16021 | $6.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.32 | 18021 | 4 |
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| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |