Using monthly summaries The lowest price I can fine for LYC was 0.67 in august 2005 . since then the stock has gone up and down. You have had a few opportunities to make 10 X since then and one opportunity to make more than 30 X that existed from 26 dec 2010 to 24 July 2011. during this time you coud have locked in a 6X annual gain Unlikely that will come again simple reason and time will accumulate much faster than gains now. Even is you sell at AU$ 30 by Dec 2023 ( which is not going to happen you will still only have an annualized gain of 2.7. Maybe less than one if I included inflation.
As soon As I saw weakness in REE prices I sold my MCP stock for about USD70 and not long after My LYC for a split adjusted AUD 22..xx Did real well on MCP made a few cents a share on LYC. Only had it for a short while but clear with no revenue they would not stay high for long with REE dropping and NC bad management of LAMP.
LYC Price at posting:
$7.63 Sentiment: Sell Disclosure: Not Held
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