Where do I start with this lot???
First the wild speculation that Lynas might dilute 10 fold @ way under current price. Pure idiocy. Any CR would be (as for any company) at a small discount to the current SP.
Of course with Lynas generating free cash flow there's serious doubt that they need any development funds for, I'd assume, an expansion of operations. Just wait a bit to accumulate funds. (Yes, I know about the cash sweep to JARE: won't take long to sort that debt.)
Lastly 2 obviously ignorant assumptions:
1. Lynas needs re prices to remain stable at current levels
They don't: but at current levels they're doing VERY nicely.
2. New entrants into the NdPr market
Who, besides a couple of rounding errors, do you think is capable of being serious entrants in the next 5 years???
My regards to Fuzzy.
todays chart, page-1409
-
- There are more pages in this discussion • 513 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.88 |
Change
-0.210(2.60%) |
Mkt cap ! $7.365B | |||
| Open | High | Low | Value | Volume |
| $8.03 | $8.03 | $7.84 | $18.89M | 2.393M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2122 | $7.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.89 | 19791 | 5 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |