LYC 0.58% $6.88 lynas rare earths limited

Warrant ownership, page-20

  1. 7,570 Posts.
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    Great site I will use this in future. I bring your attention to the forth column. “% capital shorted” Since June 23 there has never been more than 0.4% of shares shorted and it is currently .03%. This short activity is day traders shorting and covering quickly to make a small % quickly. Probably less than 0.4C, and often losing. At even 0.1% shorted it is unlikely to cause a short squeeze that would cause the stock to shoot up. As much as you say. 1% is 35M shares 0.1% is 3.5 M shares. .03% is 150,000 Shares not nearly enough to cause a short squeeze.

    I round down total shares to 3.5B it does not change much and allows me to do math in my head. When shares reach 3.7XB I will use 3.75 B some people on this board get real upset when you use a higher number. Share count will probably go above 3.7B with annual report. In H1 employees exercised 32M shares and were granted 34 M more. (see page 22) It would only take 33M to put us over 3.7B
 
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Last
$6.88
Change
-0.040(0.58%)
Mkt cap ! $6.430B
Open High Low Value Volume
$6.92 $7.05 $6.83 $13.27M 1.918M

Buyers (Bids)

No. Vol. Price($)
1 966 $6.87
 

Sellers (Offers)

Price($) Vol. No.
$6.90 18661 4
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