Why it will go to 10 cents? Well simple, debt and equity are the kind of the same thing.
I think of the dilution as a capital raising, if they are raising capital at 10c, why should I be worried? 6c is a bargain to me.
If LYC was doing a capital raising at 10/20/30% discount, I would be worried, but they are not.
JARE and Bondholders are giving LYC a 4 year runway, that is until Sept 2020. From I what I can tell, there are no interest payments, its lumped on at the final payment.
Who knows, what will happen by Sept 2020, Tesla, windpower, magnets, china, etc.
All, I know is 6c is definitely worth a punt, given, that all profits will be tax free due to the 1 billion in losses. That is 300mill in tax credits.
- Forums
- ASX - By Stock
- LYC
- Rare earth Hedging
Rare earth Hedging, page-7
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$7.75 |
Change
0.030(0.39%) |
Mkt cap ! $7.244B |
Open | High | Low | Value | Volume |
$7.71 | $7.81 | $7.63 | $12.03M | 1.561M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6556 | $7.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.77 | 3385 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 7.640 |
3 | 20260 | 7.600 |
1 | 3000 | 7.550 |
2 | 2833 | 7.500 |
1 | 2000 | 7.430 |
Price($) | Vol. | No. |
---|---|---|
7.840 | 293 | 1 |
7.850 | 6064 | 3 |
7.870 | 2000 | 1 |
7.890 | 8800 | 2 |
7.900 | 24269 | 7 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |