I like to hear the two sides of the debate,without insults or offending each other .
LYC has been a hot forum on HC for years .Investors and traders debate strongly the points related to LYC.
It now seems to me that ,posters are attacking the posters instead of debating the share . That is weak.
Look at the history of Lynas ,in terms of
1) lack of information released to its shareholders
2) price of REE ,whether HREE or LREE
3)numerous promises made by CEO s of lynas not delivered.
Not on budget and not on schedule .This has lead to financial problems.2 cap raising were required in 2014.
And no guarantee that same would not be repeated again in 2015.
4) The Share Price spoke volumes ,dropped from hi of $2.50 to 4c.
5) changes in CEO from NIc Curtis to Eri c N did not change the direction of the SP .
Now another change New Chairman joined the board with Amanda as the CEO.
Has anyone seen any big change in regards to detailed information to the share holders ?
6) One have to wait for the QR, while some information is leaked to the media.December or March outcome
in question
Who is paying the CEO salary ?
With all this in mind
Is LYC worth the risk ?
Can anyone see GOLD at the end of the rainbow?
Sun is yet to shine to produce a rainbow.
Your opinions appreciated .
LYC Price at posting:
6.5¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)