LYC 0.50% $5.92 lynas rare earths limited

the most important resolution to vote no to was to buy any...

  1. 7,404 Posts.
    the most important resolution to vote no to was to buy any shares in this company.
    when making an investment decision, the reputation of management is a primary factor, and in this case, one could hardly say it's sparkling (unless one is part of an insto shorting lynas).
    this is mostly hindsight stuff, but for quite some time one could have gleaned enough tidbits, to warrant a non-investment.
    then you could say to yourself, should i but a million shares in this company?
    each cent drop is goodbye to 10 grand.
    so from here to 29c is thirty thousand dollars in the red, that's a lot of cans of baked beans, as well as an even more baked being.
    buy and hope is not a good strategy
    'trust me', i know
 
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