LYC 0.87% $8.09 lynas rare earths limited

Warrant ownership, page-20

  1. 7,720 Posts.
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    Great site I will use this in future. I bring your attention to the forth column. “% capital shorted” Since June 23 there has never been more than 0.4% of shares shorted and it is currently .03%. This short activity is day traders shorting and covering quickly to make a small % quickly. Probably less than 0.4C, and often losing. At even 0.1% shorted it is unlikely to cause a short squeeze that would cause the stock to shoot up. As much as you say. 1% is 35M shares 0.1% is 3.5 M shares. .03% is 150,000 Shares not nearly enough to cause a short squeeze.

    I round down total shares to 3.5B it does not change much and allows me to do math in my head. When shares reach 3.7XB I will use 3.75 B some people on this board get real upset when you use a higher number. Share count will probably go above 3.7B with annual report. In H1 employees exercised 32M shares and were granted 34 M more. (see page 22) It would only take 33M to put us over 3.7B
 
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Last
$8.09
Change
0.070(0.87%)
Mkt cap ! $7.561B
Open High Low Value Volume
$8.15 $8.27 $8.08 $35.31M 4.353M

Buyers (Bids)

No. Vol. Price($)
2 7192 $8.08
 

Sellers (Offers)

Price($) Vol. No.
$8.10 4833 2
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
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