LYC lynas rare earths limited

lyc invest relations / ms / short selling, page-17

  1. 6,316 Posts.
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    Timmo69,

    "There is nothing they can do about it obviously and would like to see the SP up as we all do however there were a couple of interesting comments regarding the shorting of LYC."

    "They are known to Lynas. What can they do? Bugger all."

    If they are known to Lynas then IMO they can do alot instead of "Buggar All"

    Lynas should be taking a pro-active approach if they know of illegal activities such as manipulation going on.

    Short selling is not illegal.
    However manipulation is.

    Report it to ASIC for a starter.

    If that is what head of Investor Relations said to you, that they can't do anything about it i don't think much
    of Investor Relations at Lynas.

    They are getting paid by you and me as shareholders to perform a job which is Investor Relations. That is a weak excuse to say they can;t do anything about it.

    I tell you one thing they can do and i highlighted it in a previous post and i hope NC and the board pay serious consideration to this as i don't want this type of manipulation to be with us over the next 5 years.

    I mentioned this about a week or two ago and i believe it has merit.
    ===========================================================
    To get real shareholder value especially through the exponential growth stage i would much rather see Share Buybacks over a period of a few years.

    It would do three things.

    1) As far as i am aware, it would be more cost effective for the company. Please correct me if i am wrong.

    2) Would mean alot less shares on the market providing buying pressure.

    3) It would also put pressure on the short sellers, especially the big boys.

    Thats just my opinion.

    Cheers markco2
    ===========================================================

    PS. It would also get these "Bloodsuckers" of our backs.





 
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(20min delay)
Last
$12.16
Change
0.260(2.18%)
Mkt cap ! $11.37B
Open High Low Value Volume
$12.05 $12.35 $11.98 $58.97M 4.847M

Buyers (Bids)

No. Vol. Price($)
1 80 $12.16
 

Sellers (Offers)

Price($) Vol. No.
$12.20 15 1
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Last trade - 16.19pm 07/08/2025 (20 minute delay) ?
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