LYC 0.34% $5.93 lynas rare earths limited

Deciphering Lynas, page-426

  1. 472 Posts.
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    I originally bought LYC in Apr2012 @ $1.10 or $11.00 factoring in 1:10 consolidation. At the time fools were enthusiastically posting pictures of the space shuttle taking off, they were sure LYC was about to. In the end I averaged down to $7.24 (post consolidation), just a little below where it is today. Hmm.. 11 years for what has turned out to be effectively a breakeven if you ignore the interest I could have gotten simply putting the money in the bank. If you look at its entire history, one can only wonder what this sucker is doing... https://hotcopper.com.au/data/attachments/5310/5310275-cc109579d2bf3852602240e99e34f76c.jpg

 
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$6.04 $6.04 $5.93 $23.75M 3.975M

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