LYC 1.30% $6.25 lynas rare earths limited

Effect of Tesla’s possible collapse on Lynas?, page-36

  1. 270 Posts.
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    The Dean

    I'm not sure but if your asking if I'm a Bot because of the "Jim B" but the answer is no. I hold a couple hundred thousand shares and thats about all. I use to hold about two million shares and then the 1:10 share reverse split occurred. So here I sit wondering if Lynas will ever take care of us long term believers. Unless more people or companies (Merrill or others) buy in I'm not sure the price will rise. You need new blood (more shareholders) to help make a stock rise.

    While most of you are talking ten years down the road, my wife and I are living one year down the road. If the share price doesn't rise then my wife and I have to move. My error for believing in Lynas but so be it. I just feel that instead of worrying about the future of electric motors in autos and the like, more emphasis on what is happening to shareholder value now would serve us all better. While I thought at one time Lynas would take care of my wife in retirement, I now find my life insurance policy to be my best bet for taking care of her. Does the board care? I doubt it.

    So the answer to your question is no, I'm not a bot. I'm just a fool for believing in a Lynas and unfortunately still do.
 
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