Such an important announcement and no comments from anyone, maybe a lack of foresight?
I chose LYC over ARU in 2009 when LYC was like 2 bob and ARU went to $2, abouts. I pumped heaps into HAS and the chairman let me down. He has skin in the game, that’s the only reason why I stuck around.
Keep an eye on the political game. China and USA. Anything is possible and then we will hear what a darling this company is now. Right now it’s a mongrel dog and the Chairman has a lot to answer for.
LYC is looking for heavy RE. I never understood why HAS didn’t exploit it earlier. But look at LYC under Nick Curtis, it promoted energy efficient light globes. No-one uses them now, it’s all LED. LYC went to around $21 under the Japanese RE ban from China at a 10th of the SP before consolidation, that’s equivalent to a SP now of who knows what. $68. Hell no, don’t say that. 90% of my LYC were wiped out and I could have bought LYC at 8 cents or lower. It’s true, the $68 @ 10% might be stretching it, maybe not. Anyway,
When you have Twiggy giving this dog a loan, it has to mean something. Twiggy, John Kerry (the Vietnam vet who got into politics for veterans rights then has a private jet) beside the king in a speech. Read between the lines people.
no risk no reward. I am down so much on this mongrel. But I can make it back in profits. Pay myself back the loss instead of tax to the government for lazy bums on the dole.
The point being, LYC changed from promoting energy efficient light bulbs to wind turbines and electric cars, then the military aspect which wasn’t mentioned 10 years ago and now they are flying and now the biggest RE producer outside of China, but, according to a report a while ago, things stick out to me, LYC needs heavy RE and are looking for it. HAS should re-emerge as both a light and heavy RE company. LYC won’t look at them if you have hope of a buyout.
What a dog of a stock, but, PLS was a mongrel also. (I toyed with PLS and sold early cost myself 100k)
We are only for the time being, until we get business fundamentals sorted, a political decision away from being GameStop.
Did I mention this is a mongrel stock and the chairman needs to be replaced with Amanda Lacaze? Not financial advice at a
ll, but I invest what I can afford to lose. If investing is making you drink, take drugs, or beat your wife and being a miserable twat, stop, take stock and walk away. You can make losses back in future profits my brothers and sisters. Otherwise, no risk, no reward.
Also I didn’t take up the SPP, but I would again if the chairman gave me something to counter my dissent. This stock is like Herpes, (thanks Robin Williams) it just hangs around reminding you of your bad decisions.
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Last
29.5¢ |
Change
0.005(1.72%) |
Mkt cap ! $53.34M |
Open | High | Low | Value | Volume |
29.5¢ | 30.0¢ | 29.0¢ | $17.35K | 58.69K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 35244 | 29.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.0¢ | 21005 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 35244 | 0.290 |
4 | 35789 | 0.285 |
6 | 226855 | 0.280 |
7 | 75539 | 0.270 |
3 | 71335 | 0.265 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 21005 | 1 |
0.305 | 9066 | 1 |
0.310 | 32247 | 1 |
0.320 | 28080 | 3 |
0.325 | 10000 | 1 |
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