LYC 0.00% $7.34 lynas rare earths limited

another day with green +++, page-8

  1. .y.
    3,566 Posts.
    Have you factored in the 10%+ dilution about to occur ?
    300 million shares hit the register priced 17.5% below market.
    Hmmmmmm I wonder, who is going to take the quick profit and pocket the change Serena.
    12.5c then panic selling drives price lower.
    It is quite obvious the SP is being bouyed up during the VWAP period to ensure retailers get less shares for their 15K.
    Green at the moment as the herd is thinking it will miss out on the next bull run.
    Nice Plan Eric, NC and Co..
    This stock will be more like the running of the Bulls once the new shares are issued.
    The recent buyers probably have tight stops due to the way in which it has traded post CR before.
    These stops will all be taken out next week when the supply side grows and buyers dry up.
    It is all bright smiles and rose coloured glasses at the moment but the core financials of this company haven't changed.
    They have just bought three more months.

    I have my buy order in for 10c, just to be safe.

    I'll be happy with 50% when and if it gets back to 15c

    Sorry for speaking the truth I know it will not be taken well.
 
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Last
$7.34
Change
0.000(0.00%)
Mkt cap ! $6.860B
Open High Low Value Volume
0.0¢ $7.56 $7.30 $457.6K 62.66K

Buyers (Bids)

No. Vol. Price($)
1 11314 $7.71
 

Sellers (Offers)

Price($) Vol. No.
$6.61 3750 1
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Last trade - 10.04am 15/11/2024 (20 minute delay) ?
LYC (ASX) Chart
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