LYC 0.26% $7.77 lynas rare earths limited

I like to hear the positive POV, page-17

  1. 8,917 Posts.
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    Jan, albeit not something you wish to consider but Janti is not too far out. As a none shareholder you sold out of LYC and have zero voting rights. You are no longer a part owner of the company, but you do have a speculative position on the options. if you have converted all the proceeds, from the sale, and contributed even more, then you have taken one hell of a punt on a very speculative instrument.

    No fun in taking a 70% loss in a couple of months, best of luck in a recovery of the oppies. However there are a few hundred million around and it does look as if there is little buying support of late.

    Would not surprise me to see 0.001 in the next few weeks, as Mr market is telling is that LYC is going nowhere near 8c in a hurry. All IMO of course.
 
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