I've been lurking around this board since it was created, been buying, selling and holding Lynas since '07. Thought it was finally time to come out of my cabin in northern Minnesota and ask a question. I received the below a couple of days ago from my broker and cant find any info or figure out what the hell it means, the significance of it or the price offered to residents of Aus and NZ. Any help would be appreciated. I love following the comments on this board, witty, entertaining and educational, thanks to all you regulars.
LYNAS CORPORATION
SYMBOL: LYSCF
CUTOFF:4-13-11
**OFFER OPEN ONLY TO RESIDENTS OF AUSTRALIA AND NEW ZEALAND**
HOLDERS MAY PURCHASE UP TO A MAXIMUM OF AUD$5000 WORTH OF STOCK. PLEASE
NOTE THAT THE AUD$5,000 LIMIT APPLIES ACROSS ALL SHAREHOLDERS ENTIRE
HOLDING IN THE COMPANY IRRESPECTIVE OF WHETHER THE SHARES ARE HELD WITH
MULTIPLE CUSTODIANS. SCALE BACK WILL APPLY IF APPLICATIONS EXCEED THE
ISSUED CAPITAL LIMIT OF AUD $20 MILLION. HOLDERS OUTSIDE OF AUSTRALIA
AND NEW ZEALAND IT IS YOUR OWN RESPONSABILITY TO ENSURE YOU HAVE COMPLIED
WITH THE LAWS OF THE RELEVANT JURISDICTIONS.IF YOU WISH TO PARTICIPATE YOU
NEED TO SEND INSTRUCTIONS BY CUTOFF DATE.