LYC 0.00% $6.80 lynas rare earths limited

short again

  1. 903 Posts.
    lightbulb Created with Sketch. 71
    another 2.93 million short yesterday on 12.58 million volume

    thats 23.5 % of daily volume.

    Rights entitlement close this friday .T+3 for settlement on sales today is friday which is closing date for the rights.

    If the trend continues tomorrow this will head towards the 45 c offer price .

    My opinion was that the selling will abait and I thought it would yesterday. Selling continues today so my view is the shorters are continuing their strategy .Will be interesting to see what happens tomorrow.

    still like the stock but the games are being played here
 
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Last
$6.80
Change
0.000(0.00%)
Mkt cap ! $6.356B
Open High Low Value Volume
$6.85 $6.89 $6.77 $9.256M 1.356M

Buyers (Bids)

No. Vol. Price($)
2 12357 $6.79
 

Sellers (Offers)

Price($) Vol. No.
$6.80 13181 5
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Last trade - 16.10pm 26/08/2024 (20 minute delay) ?
LYC (ASX) Chart
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