LYC 0.90% $7.70 lynas rare earths limited

get around and grab some jumper..., page-7

  1. 972 Posts.
    Hi Aus,

    Yes, will be out as soon as I break even (maybe).

    I could have turned my investment 200% over in the time I have waited for Lynas. (one of my businesses has mark-up of 150% to 450% for the products purchased and I have strong turnover)

    I invested 50K in Jan 2012 when I thought it will be a quick 25% jump in a week based on the TOL being issued, then Iws to sell. Silly me......

    Apparently I am not a good investor. Thankfully I am a good engineer and can make products using rare earths. I will stick to this pursuit instead of investing in my supply chain.

    Who knows, I might stay in until I get my 25% increase as I threw another $50K since my initial investment to catch the falling knife and average down.

    Thanks Aus, enjoy your posts.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.