[Lynas shares are getting shorted by big players so they can buy back later at a cheaper prices]
Yes, that is correct.
[However once production starts then Lynas's strong fundamentals will start to kick in and start to attract more big players]
Incorrect. We need two quarters of even production cash flow.
[is it really normal for a company worth ~2.3b market cap and strong fundamentals to be manipulated by shorters like a penny stock]
It *IS* a penny stock. Do you not know where you are?
[Something really fishy is going on. any speculation to what that might be?]
See the first paragraph. However, it also depends on what you think "fishy" is.
the truth about lynas share price, page-4
-
- There are more pages in this discussion • 27 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
$6.11 |
Change
-0.180(2.86%) |
Mkt cap ! $5.711B | |||
| Open | High | Low | Value | Volume |
| $6.12 | $6.15 | $6.07 | $17.65M | 2.889M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 26354 | $6.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.15 | 3758 | 2 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |