IMO, mk is the real one who short the price to this level. And their idea is to get lynas shares at a very cheap price through cr. You know for what? It is for returning the shares that they borrowed for shorting before. They want to earn the money to the extreme. They are hedge fund, they do speculation and they never have interest in rare earth. I am sure they have no idea what cerium is because they are just play with money.
open letter to lynas corp ltd shareholders, page-5
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Last
$7.72 |
Change
-0.050(0.64%) |
Mkt cap ! $7.216B | |||
| Open | High | Low | Value | Volume |
| $7.75 | $7.75 | $7.59 | $16.17M | 2.104M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2200 | $7.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.75 | 5834 | 5 |
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| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |