LYC 2.34% $6.26 lynas rare earths limited

average down - lyc, can it work?, page-65

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    ELFY - I'd be interested in the maths involved. If your last bet at 51C was double the number of total shares or if double your total investment to date then I don't think you could get to close to the current SP, unless close is around the 70C level. Just interested in the numbers as I'm still not seeing how one can get anywhere near 55C without bets an order of magnitude greater than the initial stake.
 
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