On the one hand we have analysts proclaiming growing confidence in Lynas, and suggesting that the appeals process has failed for the protesters.
But on the other hand, we have the big end of town shorting the crap out of LYC this morning while waiting for the decision to be announced.
Do they know something we don't? Are they just gambling on the fact that they CAN knock the price down prior to a run up, and make a quick few bucks?
Look at the Course of Sales - LYC is getting well and truly bot-swatted. And I can't imagine that anyone in their right minds would sell LYC from an investment point of view right now. So it would have to be contrived shorting, surely?
They are incorrigible! Anything for a quick few bucks!
Let's hope it isn't inside info at work....
amazing
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Last
$6.43 |
Change
0.055(0.86%) |
Mkt cap ! $6.005B | |||
| Open | High | Low | Value | Volume |
| $6.45 | $6.49 | $6.41 | $2.832M | 439.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 10195 | $6.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.43 | 8624 | 23 |
View Market Depth
| Last trade - 11.55am 09/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |