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14/08/17
11:50
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Originally posted by jm69
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My my how some things change, yet other things don't. Post is from late 2014. LYC is around, removed the total dead weights at the top, employed a very talented female CEO who made some very hard & tactical decisions and on it's way to making some serious profits and paying off debts albeit with share holder dilution. Time will tell how successful it will be.
OBJ? Debt free, little revenue, expected revenue but how much and when (projections?), still the same old blurbs about SK-11, Olay, Bodyguard, Surface hygiene, GSK, Coty and all the many interested parties evaluating etc etc OBJ.
Consider that since this thread was started in late 2014 LYC was been diluted a few times by issuing shares to keep afloat but it's share price as of last friday is approximately 100% up from late 2014 ( a 5 bagger if you bought at the low lows ) . OBJ? Same period is half the price with a market cap that has decreased from ~$150m to ~$90m. Comparing apples with apples, oranges who knows, ignore - who cares.
Anyway good luck to all expecting a price greater than 10 cents, even your BOD has no expectations above 10 cents.
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Yea, LYC doing much better than expected. They managed to swap a large chunk of debt for equity to give themselves some breathing space. In the meantime, the price of rare earths shot up, to make the company profitable.
OBJ is progressing nicely but slowly. These product launches take a long time.