LYC 2.86% $6.11 lynas rare earths limited

40c target, page-16

  1. 8,033 Posts.
    lightbulb Created with Sketch. 566
    Yep a lot have jumped ship

    maybe more to sell maybe

    I think the sell down has come from frightened retail
    holders

    Eventually the rebound will come

    Instos buying at 75 cents

    Only 200 million shares

    I wonder when they will buy some more

    It is the same company as 2 weeks ago
    only stock has been diluted about 12%

    at 56 cents it is over 30% cheaper for that dilution

    If it was a good investment 2 weeks ago

    It is a great investment now

    I am not saying it was a great investment at 80 cents

    But it is centainly a good investment at 56 cents

    Soul Surfer

    I swapped some of my LNC shares today with a little left over as well

    Who would have thought that

    IMOO
 
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