LYC 0.82% $6.02 lynas rare earths limited

what actually happened today.

  1. 872 Posts.
    Today was a Finance Report.
    Was it price sensitive.
    If you are an Accountant looking after the books then its a big deal..high fives all around.
    Longer term,better rates,who ever negotiated the deal..go to the head of the class.
    If you are in the Sales dept.you are still non the wiser.
    They are concentrating on the POL..we have finance great..now where is the @#%$@& POL result.
    If you are in the construction crew,you are already on valium because the monsoon has caused disruption,and Chang hasnt delivered the stuff they ordered 4 weeks ago.
    The Malaysian Gov. has just been cornered.
    Yep we have Sojitz,Siemens,BASF in the wings..now we have a US Fund mngr ready to dump in as much as Sojitz.
    Eventually when they spread their 200m shares into a hold position..the retail investors are left with about 15 % of the shares.
    75% currently by institutions and another 10 % to Kellett.
    So now Japan ,Germany,US breathing down Malaysia,s neck.

    Dont tell me this deal wont be discussed when the AELB meet with cabinet.

    LYC by this move is putting the squeeze on the Cabinet.
    It highlights what non of the protestors have raised..that this isnt about just Lynas..the big hitters/stakeholders are all non aussie..big foreign investment issue.

    So lets summarise.
    Drilling results yesterday
    Financial report today..cornerstone new investor..bigger stake then MS..on a par with Sojitz
    Qrtly report due month end.
    Aelb meeting with Cabinetr month end.

    Heavy 7 days ahead.

    For long termers..brilliant stuff ahead.
    For traders..may God have mercy on you.
    For shorters..may god have mercy on you.
    For TA,s always love to know what happened yesterday.
    For those looking at leveraging..be alert,drink coffee,a killing is in the offering.
    How can you lose when someone just backed you to the hilt with cash.
 
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