LYC 0.00% $6.40 lynas rare earths limited

Ann: Share Consolidation Approved, page-96

  1. 2,857 Posts.
    lightbulb Created with Sketch. 513
    Lots of people pissed off about the share consolidation but I'll bet most of you voted for it. When a few people like myself were suggesting it was not a good idea and that it was too early, all we copped was flack from the happy clappers. This has been just one of many poor decisions that the ceo has made. I still believe Lynas will be a good thing even though we have been so heavily diluted but prices have just come off massively over the last couple of months and that has to hurt earnings. I may be wrong but I think the sp has to come off quite a bit yet and if that proves to be correct there will be good buying opportunities.
 
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