"THE contentious attempted sale by Lynas Corporation of a rich rare earth and metals deposit to a related party has taken a new turn, with two prominent dissident shareholders preparing an audacious bid to pinch the prized asset from under the nose of the miner's chief executive, Nic Curtis."
I am aware of the Lynas release that denies any take-over is under way but one line in this article bothers me... Please, any comments?....
"With no related-party concerns, the Suhr-Watson bid will not be required to be approved by shareholders."
http://www.smh.com.au/business/lynas-faces-shareholder-bid-for-asset-20110515-1eo9b.html
"THE contentious attempted sale by Lynas Corporation of a rich...
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Last
$7.55 |
Change
-0.165(2.14%) |
Mkt cap ! $7.206B | |||
| Open | High | Low | Value | Volume |
| $7.65 | $7.65 | $7.54 | $1.354M | 179.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 5143 | $7.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.56 | 11442 | 14 |
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| Last trade - 10.46am 04/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |