Straight profit or viewed in another light almost straight income back to holders in the form of dividends. Allowing for 50M dilution that converts to 10c a share alone!
It's odd to consider LYC is down almost 10% over the last few days considering the movement of RE markets. Impressive half yearly today with record revenue @ 75% capacity. Can only put it down to profit taking, but surely they wont be under $10 for much longer if this RE trend continues. I don't hold LYC as current returns and future returns are and will be so much better from our little pocket rocket Pensana! As Ski pointed out on the Media thread demand will require another 10 Saltends to keep up with EU alone so there's no competition from LYC. I prefer to compare their MC to get a clearer picture of where PRE is headed!!!
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