No trading halt IMO till there is price sensitive news otherwise TH is pointless.
Cant go into a TH just because some SH have taken a risky play and the price is down. Thats out of company control.
TOL? Thats a game changer because they are in production.
You can factor in the decision but production changes the landscape because all of a sudden - CA$H. Cha-ching.
Short selling is allowed however its covered, someone has to lend the stock, its not naked. Means someone has their balls on the line to the tune of $170M or so and they are not going to put that at risk.
(Big shout out to MS)
When and if it does go into a TH I am sure they (Shorters) have a plan so no matter how nice it would be to think of them being squeezed REAL hard I am sure that they will have a way out.
The global demand for this stock however is what will drive it through the roof and at that point shorters playing greedy games will be a thing of the past.
Really IMO next year, and the years, after will be gold and thats what I am looking forward to.
For now they can take their 90c (send it to 20c I don't care) and shove it.
- Forums
- ASX - By Stock
- LYC
- monday dreaming
monday dreaming, page-15
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
|
|||||
Last
$6.06 |
Change
0.000(0.00%) |
Mkt cap ! $5.664B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 8276 | $6.36 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.76 | 576 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 60 | 6.660 |
2 | 1582 | 6.460 |
4 | 15508 | 6.360 |
13 | 666 | 6.340 |
2 | 1683 | 6.290 |
Price($) | Vol. | No. |
---|---|---|
5.760 | 2387 | 3 |
5.900 | 71 | 2 |
5.920 | 138 | 1 |
5.950 | 320 | 1 |
5.980 | 3081 | 5 |
Last trade - 09.46am 12/08/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |
Day chart unavailable