When I was observing the number of sellers at 0.125 and 0.120 (done), I am happy to know that only around 100 retail investors out of 5 per cent of 40,000 who executed the scenario that I posted. In other words, only few retail investors act opportunistically to sell their shares at 0.120. This is a good sign.
I keep reminding myself that Lynas has 1.9 billion shares outstanding. Only around 22 million shares have caused this down trend (only 1.16 per cent).
Lynas is a large corporation with sophisticated manufacturing facility and huge deposit of REE minerals, and finished products required by many people.
There is a light in the end of the tunnel.
Please NOTE that I may be WRONG. Please do not follow my belief.
DYOR. gain or loss is in your own hands. This is my personal opinion.
scenario, strategy, battle and war, page-17
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Last
$6.43 |
Change
0.055(0.86%) |
Mkt cap ! $6.005B | |||
| Open | High | Low | Value | Volume |
| $6.45 | $6.49 | $6.40 | $6.013M | 936.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 5873 | $6.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.43 | 13424 | 32 |
View Market Depth
| Last trade - 13.33pm 09/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |