Maybe I wasn't clear. I'm happy with the consolidation plans. And we need to live with the conversion of the existing bonds: already priced in IMO.
I was criticising the suggestion by h0rc0 that Lynas is likely to "issues more shares to bondholders at 10c or less and total number of shares on issue post consolidation end up the same as pre consolidation" which of course won't happen.
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$6.56 |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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4 | 16304 | 6.550 |
4 | 43930 | 6.540 |
2 | 22262 | 6.530 |
2 | 11800 | 6.510 |
3 | 5500 | 6.500 |
Price($) | Vol. | No. |
---|---|---|
6.570 | 24700 | 3 |
6.580 | 3050 | 1 |
6.590 | 1293 | 2 |
6.600 | 48350 | 17 |
6.610 | 12145 | 6 |
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