Exactly Jan and Sherlock, why hasn't the Company clarified this? It's a vital tactical point for Lynas - that the legal hold should only have been until today's hearing.
What really ANNOYS ME too is the fact that as a direct result of all this legal shambles carefully orchestrated by opponents a lot cleverer than those combating them, the shares in this multi-billion dollar Australian company have fluctuated about 10% JUST TODAY. So clever shorters and other traders, probably by simply having advance intelligence from the courtroom, have greatly profited during the day.
Once again it appears that a TH is practically impossible due the Mt Kennett contract. (That hedge fund may, of course, be taking advantage of this shambles too.)
why has the price dropped on no news?, page-31
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$6.87 |
Change
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Mkt cap ! $6.421B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 3 | 10611 | $6.87 |
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| Price($) | Vol. | No. |
|---|---|---|
| $6.89 | 3277 | 2 |
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