LYC 0.34% $5.93 lynas rare earths limited

bright future ahead for lyc, page-13

  1. 7,404 Posts.
    "Don,t let all the negative posts about our CEO put you off from investing in a companywhos future is looking very bright."

    on the contrary, all of the posts are an incentive to invest - it shows that the smaller shareholders of your company are not fools, and that there is a fighting chance that crown etc may not vanish from their grasp in a cloud of hocus pocus smokus.

    perhaps shareholders should seriously consider that NC and any other conficted-interest associates should leave the company, as one could be forgiven for thinking that this is, to a fair degree, an act of treason.

    so is this the benchmark for companies registered on the ASX - become the CEO of a company, start up another shell, make sure you are a major shareholder of it, seriously devalue some potentially excellent assets and label them as "non-core" then sell them to yourself for a relative pittance.

    are we looking at the essence of all corporate tricks in one bag?

    this wouldn't be so bad, if all the shareholders got a fair slice of the pie, and they shouldn't have to pay for it either.
    ant frg capital raising should be offered to non lynas holders only and the lynas holders should be given free shares in frg based on their current holding and extra ones to make up for the dilutionary effect of any director's "performance" shares.

    dont try and amalgamate the two issues of good company assests, and status of director, kdev;
    it is inappropriate
 
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