LYC 1.30% $7.61 lynas rare earths limited

There has been a lot of bagging of Fosters call on LYC but the...

  1. 2,465 Posts.
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    There has been a lot of bagging of Fosters call on LYC but the reality is they are the only ones to date that have made the right call. I know nothing about Fosters but a lot of other brokers out there have BUY recos that are all looking worse by the day. I was a long-term shareholder and have had my fingers crossed for months now but I have looked at the chart and it's clearly going one way and I want no further part of it. I may look at it again in the 40's but maybe not. Malaysia has turned out to be a horrible place to invest and I have no doubt LYC management would agree if you had the chance to ask them. I won't say good luck to all as it seems whenever someone says that it just makes it worse.
 
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