LYC 3.39% $7.41 lynas rare earths limited

last time lyc had insto bookbuild trading halt, page-20

  1. 5,301 Posts.
    See once again people build a story that im down ramping the stock there fore i must be short, or I want to get the price lower so I can buy in. That couldnt be futher from the truth.
    You all make up that story because your long and you have to justify the long position to yourselves.

    I have no idea whats going to happen 100%. Certainly not enough to take up my first real short position on this stock, Last night I decided to look at what happened after the last bookbuild because I remembered it wasnt nice.

    I posted what i found, Thats it. I believe LYC is in for an incredibly tough time over the next 12 months.

    Weve just had 50% gains in the last few days. I admit I missed that tade and that opportunity. But now for me I wonder whats going to happen after that huge gain and all these extra shares hit the market. Above a gap I feel the price has to come back, how far I dont know.

    So i looked at the last time this sort of dilution hit the market as a reference. Make of it what you will.
 
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