The price will continue to be manipulated for as long as you care to wish for like this...
There is nothing - I repeat NOTHING - which will bring the sp back to 2011 levels currently.
Why?
Appalling management, deadline after deadline missed, nameplate missed how many times, effectively a pariah stockstatus, botched parts of LAMP (do you seriously expect anyone to believe that engineering & metallurgy expertise wouldn't have spec'd correctly?!) the now legendary burning of thousands of small shareholders like you and me over the last 2-3 years... all in a total vacuum of information/comms...
In other words the perfectly-set (read 'rigged') scenario for an aggressive pennies on the dollar hostile acquisition...
You forget - WE own this company. Drop the rose-tinted blue sky dreaming - the sp will remain in a range of 25-35c until profits - if they ever occur - justify more.
Profit is sanity - anything else is just heads in the sand vanity I'm afraid.
LYC Price at posting:
30.0¢ Sentiment: None Disclosure: Held
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