The current short positions on the 10-9-12
= 232,446'240 million or 13.55%
The day before toll issue 5-9-12
= 195,038'047 million or 11.37%
A rise of 37,408'193 million or 2.18%
Despite this the SP continues to rise
With the likelihood of continual positive announcements from Lynas in the forseable future, and positive risk-on for the markets, the pressure is definitely on the shorters.
The only tactic I can see them utilising would be a defensive retreat, so as not to be overrun, and hope that some negative news eventuates out of the blue to aid them.
Everything looking very positive for the future of Lynas & it's shareholders.
sp rising & shorts rising = 13.55%
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Last
$7.64 |
Change
-0.160(2.05%) |
Mkt cap ! $7.141B | |||
| Open | High | Low | Value | Volume |
| $7.78 | $7.80 | $7.59 | $8.149M | 1.063M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 948 | $7.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.65 | 8822 | 22 |
View Market Depth
| Last trade - 13.52pm 03/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |