LYC lynas rare earths limited

light the lamp & the lynas share price

  1. 999 Posts.
    Hi All,
    With Lynas having to accept further conditions, its operational start-up has been delayed for over 12months incurring losses of RM32 million or $10 million AUD of shareholders money per month. These delays have also affected customer confidence. Over the past year, shares in Lynas have dropped 60% in value.

    Long suffering retail investors have seen the value of their shares decline substantially under the stewardship of our CEO and Chairman Mr Nicholas Curtis AM and the current Board. I believe that some of the responsibilty for the position the company finds itself in must lie at the feet of the senior management team and the Board of Directors.

    I would like to remind everyone that the entire Board including Mr Curtis will be standing for re-election at the November 2012 AGM. Maybe the Board needs to look at its succession plans and Board renewal to take the company forward.
    As Always DYOR I am not licensed to give financial or any other type of advice I am only a humble retail shareholder who knows "nothing" unlike our betters in senior management and the Board of Directors.
    This is a personal opinion piece only.


    P.S. I expect to be modded by the thought police sigh.


    best regards to ALL holders

 
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(20min delay)
Last
$12.62
Change
0.460(3.78%)
Mkt cap ! $11.80B
Open High Low Value Volume
$12.00 $12.63 $11.94 $104.8M 8.451M

Buyers (Bids)

No. Vol. Price($)
1 5 $12.60
 

Sellers (Offers)

Price($) Vol. No.
$12.62 2061 1
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Last trade - 16.15pm 08/08/2025 (20 minute delay) ?
LYC (ASX) Chart
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