I can just see the head of trading at JPM every day at his morning meeting with his traders telling them how much LYC is to be by the end of the day or at least what range it is to be within. If this sort of conduct is allowed to persist, the ASX will lose all credibility as a a stock exchange. Why would any sane retail investor be willing to invest funds when this sort of manipulation is condoned? The current SP does not in anyway reflect a fair genuine price for a stock that has been significantly derisked in the last week.
Ironically, the rinse and repeat tactic must eventually fail because there simply wont be any retail investors prepared to buy in.
lyscf $1.60, page-13
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.40 |
Change
0.000(0.00%) |
Mkt cap ! $5.986B | |||
| Open | High | Low | Value | Volume |
| $6.47 | $6.48 | $6.34 | $14.42M | 2.246M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 6269 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 17859 | 29 |
View Market Depth
| Last trade - 14.11pm 12/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |