LYC 0.16% $6.17 lynas rare earths limited

nick curtis $million payment

  1. 17 Posts.
    I don't post here often. LYC is my biggest holding, and have ridden it up and down since 2007. I tried trading it and usually sold low and bought higher, so since last year have held on even bought more, and now sit on losses.

    I have a problem with Curtis. He tried to do an inside type of deal with that spinoff a couple of years ago.
    Now, while we shareholders sit on losses, and the company it self has had losses, and for whatever reasons, two years late and no production, you might think that he could be more patient and humble, and wait until the company is actually profitable, before he takes bonuses.

    Did the Board of Directors approve this bonus?

    Why would he take it now, while the debt is still high?

    Gives me a really bad feeling about his ethics and sensibility.
    Instead of putting his own money at risk and buying more shares at these depressed prices, he is taking money off the table, and out of OUR POCKETS! What's up with that?
    Any other Hot Copper people feel that way, or is there something wrong with me?
 
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Last
$6.17
Change
0.010(0.16%)
Mkt cap ! $5.767B
Open High Low Value Volume
$6.18 $6.22 $6.14 $10.91M 1.767M

Buyers (Bids)

No. Vol. Price($)
2 12550 $6.16
 

Sellers (Offers)

Price($) Vol. No.
$6.18 124 1
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Last trade - 16.10pm 15/08/2024 (20 minute delay) ?
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