LYC 1.17% $6.05 lynas rare earths limited

lynas doesnt need hollow announcements

  1. 6,296 Posts.
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    lots of people on here are angry at management because they are not putting out regular announcements. they believe the share price is driven by announcements and if the management put out more frequent, positive announcements the SP would increase.

    truth is, if there was anything material to report, management would have reported it. lynas doesnt need hollow announcements for fanboys and traders to squeeze more money out of the stock with share price spikes. lynas needs to complete first product, begin ramp up and lock in sales contracts. if any of these things had happened we would all know about it, so we can safely assume that there is nothing to report right now.

    no matter how well a company spins PR, it wont generate any more or less cash flow from doing so.

    lynas dont need to be putting out announcements, they need to be delivering results. im confident thats what management is focused on, and thats why i hold shares.
 
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