Nick has done nothing wrong - small-time investors panicked, the larger investors probably laughed and picked up cheap shares. I find the various suggestions here what to do with, or about Nick Curtis, ridiculous and just a little impertinent.
Shares and options are part of his salary and he decided to spend less than half of what he had. He made a personal investment decision. Fullstop. End of Story.
I have been tempted to sell all my other stock and put it into LYC, but have done something similar before and lost out big time - so I have decided to remain diversified; maybe Nick wanted to diversify away from Lynas.
However, the LYC story is a good one and in a few months' time no-one will remember that the CEO sold a huge parcel, probably for very personal reasons.
Cheers
Taurisk
LYC Price at posting:
$1.82 Sentiment: Hold Disclosure: Held
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