When you look at shareholder spread Shares........................No. of Holders...No. of Shares 1 – 1,000...................5,435................3,517,913 1,001 – 5,000............11,865..............34,899,368 5,001 – 10,000..........5,674................43,861,500 10,001 – 100,000......7,147................196,263,106 100,001 and over......701...................1,435,305,026
Total on Register.......30,822..............1,713,846,913
701 entities own approx 84% of LYC shares Whereas the other 30,451 shareholders own approx 16% of the company. That 701 shareholders include nominee holders for companies and a few individuals -very murky to see into them and who they are holding for Reminicent of a shoal of fish being circled by predators at times in being a LYC holder.But i do know that REES are strategic and necessary into the future and a company that goes successfully into production in all probability should produce good results ulimately. There certainly seems some big fish holding and feeding,All in IMHO
LYC Price at posting:
$1.10 Sentiment: Hold Disclosure: Held
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