All these "trends" mean NOTHING. There are big instos which are short and they are stuck with 180 M they can not cover. So they limit the SP because they can not afford to let it go up until they cover. Each time the SP rises to 62 they throw few millions short and bring it back to below 60c. Only naive simpletons are analyzing the trends when it is simply a manipulation of few instos. But time is getting short for them. As soon as Lynas gets positive cash flow they will be broken and forced to cover in a massive short squeeze. They are stuck and wait for a miracle that will save them such as opposition winning GE13 or some other disaster. That is their only savior.
All these "trends" mean NOTHING. There are big instos which are...
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Last
$5.93 |
Change
-0.020(0.34%) |
Mkt cap ! $5.542B | |||
| Open | High | Low | Value | Volume |
| $6.04 | $6.04 | $5.93 | $23.75M | 3.975M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 128544 | $5.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.95 | 12481 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LYC (ASX) Chart |