I took a massive haircut, over 100k on this after sitting on a 50% gain. At least profits elsewhere allowed me to claw it back. Being a long term LYC holder I once took a 90% cut in shares and value to enable the project to advance. That 90% share consolidation turned into 160% gain in LYC. The point being, 40% of something is better than 100% of nothing.
I got back in today and will accumulate more once binding and the no doubt future capital raise. My brief and I mean brief, i am on my way out the door to buy a new car, is this will at least 6 or 7 bag in the future. DYOR.
Also two of the richest people in OZ dont tend to invest in dying industries. If it can get over the line it’s a great save by Charles, who by the way has spent massive amounts of his own cash on this.
HAS Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held
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