what the heck is going on here?
if there is "big boys" pushing the share price around, can someone please provide an example of how and why this might happen, with what looks to be a whipsaw.
wouldn't you have to sell way more shares to get it down, than the amount of shares that you could accumulate on the way back up?
what makes the most sense to me is a longterm shareholder taking profits - any short term mucking around (that i can think of) that is correlated with what is happening would result in a serious loss.
for example, i can see how stock could be shorted via a custodian to lower the price for a takeover.
but i don't think that that is the case here.
lyc turning the corner back upwards, page-10
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Last
$5.93 |
Change
-0.020(0.34%) |
Mkt cap ! $5.542B | |||
| Open | High | Low | Value | Volume |
| $6.04 | $6.04 | $5.93 | $23.75M | 3.975M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 128544 | $5.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.95 | 12481 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LYC (ASX) Chart |