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MM’s view on LYC

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MM’s view on LYC

Morning Team. Congrats on the new website/ newsletter - looks good. . What is your view on LYC and if you like it what is a good entry price ? Many thanks David

Answer

Hi David,

Many thanks for the kind words – much appreciated. We do like the LYC story after a tough history, and the stock has plenty of momentum currently residing in our Emerging Companies Portfolio. Some years ago I worked out of the same office as LYC and experienced the lines of protesters outside our building on a daily basis, however the company is now in a different position with a better future.

Current weakness around $6 is a reasonable risk/reward entry.

 

 

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Lynas (LYC)
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