LYC 2.72% $7.14 lynas rare earths limited

weighted average price, page-34

  1. .y.
    3,566 Posts.
    @PeakMastery

    Real simple answer.

    NO.

    Where is this 50% profit you claim to have made located ?

    17c was todays close it will not be tomorrows trust me.

    You don't know what you are on about.

    18.2% more stock is about to be issued.

    The market will correct to the issue price.

    Market will correct to take into account the fact the company is still not profitable.

    Yet to reach nameplate. Even at nameplate for phase one it is only at break even.

    If Lynas does not turn an actual profit within the next 5 months its curtains.

    Where do you propose the further funding required will come from if profitability within six months is not achieved ?

    Calm and unemotional.

    Just like the market. The participants bring the emotion.

    People like yourself are the ones who invest on hype and emotion.

    I prefer trends.

    Latest trend is a whole pile of new suckers have jumped onboard the Lytanic.

    Current holders have been told they basically need to pay a ransom or the company will no longer be a going concern and their current stake will have zero value.

    What you call a SPP. I view as a ransom payment for having previously bought shares in Lynas.

    Still no profit in sight, but hey, the board is funded for three more months at least.

    Thats all.

    Due to the nasty little personal post directed at myself by you, I intend to give it to you when we are at 10c.


    See you then. Maybe I'll be buying your 11.2% loss off of you.

    I'd like your post to stay up rather than it be moderated.

    Shows your personality traits.

    Best.

    Europe is waking up off to poker now.. BYE BYE
 
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$7.14
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