If finances are not arranged and if the company goes into administration, what will happen to the shorter. I noted a steep rally up for FGE before it went into administration. I was assuming that it was to cover their position. In a worst case scenario for Lynas, can we see a steep rise in the price.
Shorters and LYC
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Last
$6.30 |
Change
-0.050(0.79%) |
Mkt cap ! $5.888B | |||
| Open | High | Low | Value | Volume |
| $6.34 | $6.35 | $6.29 | $13.31M | 2.111M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10973 | $6.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.31 | 14462 | 3 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |