LYC 2.13% $7.59 lynas rare earths limited

spp pricing - closest to the pin, page-5

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    "The shares under the SPP (“New Shares”) will be issued at a 17.5% discount to the 5 day
    average closing market price on the shortfall notification date rounded up to the nearest 0.1 cent
    (“Price”)."

    That makes it the average of (0.11+0.12+0.13+0.15+0.17)/5 and 17.5% equals $0.024.

    Therefore by my calculations, the SPP price works out to be $0.112.Bookmark and Share

    Let's see how close this is
 
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