you must know something I don't
the following are the renegotiated principal repayment schedule
based on current trading performance Lynas can't repay its debt come 30 June 2018 and Lynas will be out of business when $153M principal is due to be repaid
lets also not overlook the fact that Lynas interest payments have been deferred - it means the interest hasn't been paid
so anyone that tells you "Lynas is cashflow positive" for the quarter is telling fairy tales.
recently Lynas has been "cashflow positive before interest and principal payments on it's massive debt levels approx. $430M"
also I believe any upside is very limited with approx. 3.6 billion share on issue
The Challenge, page-12
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Last
$7.82 |
Change
0.130(1.69%) |
Mkt cap ! $7.187B | |||
| Open | High | Low | Value | Volume |
| $7.72 | $7.82 | $7.70 | $1.104M | 142.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 5678 | $7.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.83 | 1629 | 8 |
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| Last trade - 10.35am 08/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |