MS is currently not too high in the popularity list after their botched up IPO of Facebook.
From $38..FB finished at $22.43 last night ..some 42% drop..with Investors losing billions.
A week ago their no2 Financial Advisor Rebecca Rothstein was headhunted by Merrill Lynch..and with her went 11 members of her team.
Others are also being head hunted.
The Wall st vultures are circling.
The public are sueing them for poor Financial advice..current case claim for $400,000 loss amongst many others.
So their reduction in Lynas could have many implications.
Derisking before the 8th would have been another issue..they still hold..so not out completely.
The 64t question is..if the 8th swings LYC,s way..will they come back in with a vengence.
Ann: Ceasing to be a substantial holder , page-11
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Last
$6.76 |
Change
0.020(0.30%) |
Mkt cap ! $6.318B | |||
| Open | High | Low | Value | Volume |
| $6.76 | $6.81 | $6.72 | $16.83M | 2.487M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9162 | $6.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.78 | 5455 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |