LYC 1.42% $2.78 lynas corporation limited

Hi Jim B, just to set the record straight Aus and I put in at...

  1. 981 Posts.
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    Hi Jim B, just to set the record straight Aus and I put in at least some of our position at an adjusted ~$.40/share. I think you will find that Lynas was trading as low as $.34 in the summer of 2015 and with a price hovering around $2.00/share represents a gain of approximately 5X in just 4 years far exceeding any broad market return...

    The rules of seven (72 divided by the interest rate) shows a double in 11 years at 7% so it would appear that your assessment of incompetent investing appear to be unfounded. I think you will find that many of the posters on this board have similar stories...
 
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