"some light on why after two extremely positive announcements today, LYC still has such a high sell volume?"
LYC is a highly traded stock. Traders are renouned for selling on announcements and skimming a cent or two rather than hold longer term. Their selling after an announcement often causes a fall where they will buy back and sell again on the recovery. So todays seemingly lack of interest is not as bad as might be. We only have a small rise but then we do not have thae fall that may otherwise have been expected. Lynas really is an unpredictable stock except for the long term where predictions are for multiples of todays price. DYOR This is opinion, not advice.
high sell volumes, page-3
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Last
$7.72 |
Change
0.310(4.18%) |
Mkt cap ! $7.216B | |||
| Open | High | Low | Value | Volume |
| $7.46 | $7.74 | $7.46 | $15.65M | 2.044M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14728 | $7.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.73 | 4250 | 2 |
View Market Depth
| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |