It's been a long, long time since my last post. Since July 2013 in fact. I bailed around this time and I must thank Cafa, Jantimot, Warnie, etc. as I finally listened to their logic. Hard to listen as holder but I thought it through and made the decision. I saved myself a lot of money. Thankyou so much and I am truly grateful that I listened. To see 13c now is truly unbelievable and probably a bit lower.
I think one of the biggest disasters for Lyc was actually the RE price spike in 2011as this brought in Moly once again and a lot of other attention. Lynas was quietly going about the business of generating a new plant and the spike caused a lot of excitement and a restart from Moly. Yes? Correct me if I'm wrong here.
The second disaster was the inability to cash in on the RE price spike that lasted well over a year, as the plant was incomplete, despite the board promises. This would have generated well over a billion in cash profit for Lyc and would have paid off all their debts and much more. I hope it works out over the next few years but breaking even or even a modest profit for the next few years just to be faced with a 450m bill in 2016 bill is not looking good. I'm now investing in TLS etc. boring but making a pretty good return. GLTA
- Forums
- ASX - By Stock
- where are we now
It's been a long, long time since my last post. Since July 2013...
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
|
|||||
Last
$6.29 |
Change
-0.010(0.16%) |
Mkt cap ! $5.879B |
Open | High | Low | Value | Volume |
$6.34 | $6.37 | $6.29 | $15.63M | 2.473M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1079 | $6.29 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.31 | 10515 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1079 | 6.290 |
6 | 14346 | 6.280 |
3 | 39950 | 6.270 |
3 | 15401 | 6.260 |
6 | 28569 | 6.250 |
Price($) | Vol. | No. |
---|---|---|
6.310 | 1222 | 1 |
6.320 | 530 | 2 |
6.330 | 13614 | 3 |
6.340 | 10105 | 1 |
6.350 | 11105 | 2 |
Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |