LYC 0.00% $6.40 lynas rare earths limited

desperation, page-8

  1. 30,924 Posts.
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    "How or why does lyc seem to keep snaring new ones??"

    Some come in because they look at the chart and think "It can't fall much further" (well, no more than 100% anyway). Remember all those suckers with Brisbane Connections? Saw the SP had flatlined at 0.001 and bought millions because they could only go up? And then found they were part paid shares, with $2/share still owing? Full on DD there, for sure.

    Others probably read something in the paper, check out a couple of announcements and believe all the hype. Without realising that this is the fifth or sixth promise of the final capital raising taking LYC through to full production and +ve cash flow in the last six years.....
 
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