LYC: Insanely overvalued, page-66

Questions that nobody is asking:

CEO selling $1.8m worth of shares the other day at the highs for "tax liabilities" - Why sell now and not near end of financial year when taxes are actually due?
How can someone owe a tax bill of $1.8m to the ATO?

I find it so amusing that everyone here is buying into the idea that the cashed out shares are explicitly for the purposes outlined in the appendix 3Y.

Suckers are gonna be suckered in. For anyone who has not experienced a stock where a CEO starts selling shares, it's pretty much always the top. You're probably thinking "It's just 5%" -- Yep, that's pretty much how much every director sells at a time. It's enough to not spook retailers, but people in the know have seen this time and time and time again. Heck, I'm even warning you all how this usually pans out from my experience on other stocks, but most of you don't want to listen.

But that's okay, you can block me and mute me all you want. You will see what happens to the share price in the next week or two.