According to daily short volume statistics, 12.9 million shares were sold short on 6/27 to drop PPS from 0.89 to 0.83, which clearly is responsible for a substantial fraction of total daily volume traded and explains the drop.
Longs are NOT selling here; this is mostly just stubborn shorts who just keep throwing big money at LYC.
Can't wait for the BIG SQUEEZE SOON!
http://www.asx.com.au/data/shortsell.txt
12.9m shorts 6/27 dropped pps 0.89-0.83
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Last
$7.61 |
Change
-0.100(1.30%) |
Mkt cap ! $7.113B | |||
| Open | High | Low | Value | Volume |
| $7.65 | $7.65 | $7.49 | $13.50M | 1.778M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10000 | $7.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.61 | 6808 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |