IMO I thought a quick poll would be useful to gauge Lynas investor sentiment in the event a possible rights issue is forced by the company's funding position.
Q. If Lynas was to announce a rights issues your reaction would most likely be:
A. Great chance to buy discounted shares in a great company.
B. Not happy about this, but this has to be the last one, as the company is so close to nameplate production and sales.
C. Still like the story, but have lost so much money on the stock there is none left to participate in the rights issue.
C. No more second chances for this management team, let someone else risk their hard earned money.
Get your answers in.
rights issue poll
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Last
$6.41 |
Change
0.040(0.63%) |
Mkt cap ! $5.991B | |||
| Open | High | Low | Value | Volume |
| $6.45 | $6.49 | $6.40 | $13.34M | 2.079M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13384 | $6.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.42 | 13471 | 2 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |