Yeah well there has to be a point where shorting is no longer gonna make them a buck.
Push it down to 50c but if people are not selling in panick then they cant get the upside volume to make it all worthwhile can they.
Last week it seemed to be the case that there was not that much retail volume on the downside and maybe it was those instos that generated that 60m volume on Friday.
So anyhow onwards and upwards for the wary Lynas investor lets hope.
Its no wonder the SPP is not getting the uptake they thought though, no doubt they will get it filled but most retail holders have been flogged over the last year and writing out a cheque for another 15k is pretty much beyond most of us really as we are already committed to the eyeballs.
All I can say is GIDDYUP....
no news is good news, page-5
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Last
$7.67 |
Change
-0.020(0.26%) |
Mkt cap ! $7.169B | |||
| Open | High | Low | Value | Volume |
| $7.72 | $7.94 | $7.50 | $23.53M | 3.062M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $7.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.68 | 16724 | 2 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |