LYC 3.43% $6.34 lynas rare earths limited

The VWAP was 11.5 on 16 mill shares on Day 1 The VWAP was 12.1...

  1. 269 Posts.
    The VWAP was 11.5 on 16 mill shares on Day 1
    The VWAP was 12.1 on 21 mill shares on Day 2
    The VWAP was 12.9 on 19 mill shares on Day 3
    The VWAP is 14.1 on 27 mill shares on Day 4 so far

    for a VWAP at this point of 12.8 and an SPP of 10.56, 284 mill shares issued and only 10 mill shares to be done in the placement, raising just $1.05 mill above the $30 mill in the SPP.

    Presumably the VWAP must end up a little higher but not a lot.
 
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