LYC 2.72% $7.14 lynas rare earths limited

Debt problems not resolved, page-60

  1. 5,436 Posts.
    meowmeow

    If that is the case,Is there any hope of a dividend for the retail shareholders who invested their hard earned dollars in LYC.
    Or is Lynas going to treat them in the same fashion that lynas treats the major financial institutions .

    Which ever is the case, Do you think that LYC is a sound investment for any newcomer who buy LYc @3.7c today . Cheap ,penny dreadful .REE producer with massive debts to be paid.

    Could you outline your reason if you see a capital growth or a dividend for the retail investment?

    How do you compare this with the choice of hundreds of shares on the ASX ?
    Can you see a superfund investing in Lynas ?
    Can you see Bank of America or, Mitsubishi rushing to return to be a substantial holders again.?
    I can only see one winner ,the Lynas Board .There always be enough dollars to pay the salary .If in doubt resign collect the pay and leave it to a NEW CEO to solve the debt problem .
 
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