LYC 2.20% $7.20 lynas rare earths limited

10 most shorted stocks on asx, page-7

  1. 3,981 Posts.
    lightbulb Created with Sketch. 217
    mitta3,

    perhaps you can show me the thread that cited the 10 most shorted stocks in 'beaming colour'.... I must have missed it.


    FYI, I do agree that many (all ?) of those other companies have income... Lynas suddenly getting income does not remove itself from this group... it actually makes one more element the same as them.


    Anyway, I think it's all about risk and profit of shorting.

    As long as lynas is an easy target, and there is profit to short... it will continue to be high on the hit list for doing so.
    also

    as long as the downside risk is deemed a high enough concern, many stock holders will short as insurance rather than simply selling the stock... only reduced risk will reduce this temptation also.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$7.20
Change
0.155(2.20%)
Mkt cap ! $6.645B
Open High Low Value Volume
$7.12 $7.25 $7.09 $8.323M 1.162M

Buyers (Bids)

No. Vol. Price($)
24 15788 $7.19
 

Sellers (Offers)

Price($) Vol. No.
$7.20 3384 19
View Market Depth
Last trade - 11.48am 10/09/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.