LYC 1.75% $6.99 lynas rare earths limited

Pretty good summary from Bloomberg. An absolute steal at the...

  1. 66 Posts.
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    Pretty good summary from Bloomberg. An absolute steal at the current offer, and plenty more upside to come.

    I certainly won't be selling anywhere near the current price - the point made about the offer being conditional only on regulatory certainty for the medium term makes this offer seem ridiculous, as if Lynas meets such a condition, the share price should be at least double.


    https://www.bloomberg.com/opinion/articles/2019-03-26/wesfarmers-bid-for-lynas-would-be-a-rare-earth-bargain

 
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