LYC 0.34% $5.93 lynas rare earths limited

40c target, page-31

  1. 11,742 Posts.
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    "Its not the pro traders, syndicates, hedge funds, banks etc, acting as small groups rolling their shorts in and out, rolling their own holdings in and out, most staying not large enough to be seen on any of the registers ?"

    Mitta I think I am with you, these are not insignificant moves for sure and no reason to think you are not spot on. But some of the big holders are hurting here I would suggest, has it struck a low on speed, stealth and a macro tailwind? which with a sufficient organised will on the part if the large holders could they put the massive short positions to the sword with a swoop, I would have thought a working day in the US and a full weekend to arrange would allow plenty of time for a heist. Nothing would surprise me with the money flow around this big liquid puppy. Just a Friday night muse.
 
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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