LYC 0.32% $7.88 lynas rare earths limited

any comments on announcements, page-38

  1. 290 Posts.
    Strike - BB

    I agree its a forced seller and i believe its J P Morgan. It increased its holding by just over 1% (of the co) recently and (JPM) was almost immediately was downgraded by Merrill Lynch who cited liquidity problems. So there we have a large holder - with probs of its own - being forced to sell...at any price it would seem. I have no reason to believe its anything more sinister than that.



 
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