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1.47%

$6.88 lynas rare earths limited

just covering their behinds is all that is

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wanabe_rich

291 Posts.

9

28/02/19

10:28

Post #: 37598950
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Originally posted by kevwr: ↑

“However the Directors also point out that in the event that the Group is unable to resolve the pre-condition currently stipulated for the renewal of Lynas Malaysia’s full operating stage licence that requires export of all WLP residue before September 2, 2019, there would be material uncertainty as to whether the group would be able to continue to operate the LAMP in Malaysia in its current form beyond September 2, 2019 and in that instance, whether the group can continue as a going concern and, therefore whether it would be able to realise its assets and discharge its liabilities in the normal course of business and at the amounts stated in the financial report.”

This is not insignificant, you could argue that the market knows this but large holders can get spooked by statements like this.

I will listen to the podcast with interest to see if this issue is discussed.

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just covering their behinds is all that is

LYC Price at posting: $1.73 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $6.88		Change 0.100(1.47%)		Mkt cap ! $6.552B

Open	High	Low	Value	Volume
$6.81	$6.93	$6.74	$19.63M	2.851M

Buyers (Bids)

No.	Vol.	Price($)
2	14245	$6.88

Sellers (Offers)

Price($)	Vol.	No.
$6.89	157125	9

View Market Depth

No.	Vol.	Price($)
8	199853	2.100
10	344199	2.090
12	173545	2.080
8	132357	2.070
5	29042	2.060

Price($)	Vol.	No.
2.110	132652	8
2.120	195216	18
2.130	132928	9
2.140	133591	12
2.150	426925	28

Last trade - 16.10pm 29/11/2024 (20 minute delay)

LYC (ASX) Chart