LYC lynas rare earths limited
Add to My Watchlist 4.76% ! $15.80

JARE prohibits Dividends

  1. SilverlightWpf
    193 Posts.
    lightbulb Created with Sketch.  8
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    05/03/18
    21:00
    Post #: 31540969
    Interesting .. didn't realize the JARE was what was prohibiting a "dividend" …


    ​
    "... Lynas Corporation managing director Amanda Lacaze hopes to speak to lenders about resuming dividends in future years, as the company steams toward its first full-year profit as a rare earths miner. …

    Lynas is currently prohibited from paying dividends under the terms of its agreement with its senior secured lender JARE. "
    Rare earths miner Lynas Corporation posts $78.7m half-year profit
    LYC Price at posting: $2.20 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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$15.80 		Change
-0.790(4.76%) 		Mkt cap ! $16.04B
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$16.20 $16.82 $15.26 4.473M

Buyers (Bids)

Vol. Price($)
474 $15.80
 

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Price($) Vol.
$15.82 4950
Last trade - 15.56pm 26/08/2026 (20 minute delay) ?
LYC (ASX) Chart
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