LYC 2.06% $5.95 lynas rare earths limited

why a trading halt today, page-49

  1. 3,337 Posts.
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    vwboy,

    around 78c would be positive for the market price imo

    My bet for raising price is 76-78c.

    I have been rubbished on plenty of occasions in the past when I suggested that LYC would need cash or that expectations were too high. Most of this occured when LYC was trading at 1.30 and above go back and look at my posts. So my attitude now is a reflection of that, try this on for size go and look at the posting history of some of the major posters on this thread over the last 24 months and you tell me that expectaions were not outlandish at best.

    I have traded LYC 3 times for a small loss overall, I like the outlook for REs on a long term basis but LYC has been one of those companies that over promises and under delivers. Hopefully for holders that will change.

    Should this raising hit the share price I might look to take a postition again (LOL I'll probably get burnt again but I suppose thats life)
 
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