LYC lynas rare earths limited

any comments on announcements, page-46

  1. 12,498 Posts.
    lightbulb Created with Sketch. 322
    IMO it was a combination

    Large holder (fund) extited
    Stops hit
    Margin calls
    Panic

    The announcement was not negative IMO, but the deal is still not done. Without the final signature there will be doubt.

    Everyone has experienced the OZL disaster, hence they have "trigger fingers"

    I hope & expect this to recover the fall, & expect management to issue some update on Monday.

    All the best to holders, I hope you see better days soon

    cheers
 
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