So this is how it ends? I was getting used the daily beatings from the Malay government (reminds me that until the moral improves the beatings will continue)...
Of course this offer is absurd, the potential of the market dictates significantly more not to mention the value of the hard assets including Mt.Weld. I like many others have invested in Lynas because it represents an investment in the green future. Lynas has almost become an emotional investment, the story is amazing and I am happy to continue the ride...
That said the offer comes at a great time when moral is low and patience worn thin. I am a little surprised but pleased to see that there is a strong consensus on this board is to reject the bid, something I'm sure Amanda is aware of... JMHO...
(Imagine the impact of an expansion announcement...)
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- Ann: WES: Proposal to acquire Lynas Corporation
Ann: WES: Proposal to acquire Lynas Corporation, page-53
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Last
$6.76 |
Change
-0.020(0.29%) |
Mkt cap ! $6.552B |
Open | High | Low | Value | Volume |
$6.81 | $6.82 | $6.74 | $5.254M | 760.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 40285 | $6.75 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.76 | 2413 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 - 12.19pm 29/11/2024 (20 minute delay) ? |
LYC (ASX) Chart |