LYC 0.00% $6.40 lynas rare earths limited

just back home from night shift and i was amazed that not one of...

  1. 1,394 Posts.
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    just back home from night shift and i was amazed that not one of the faithful lynos corp posters have mentioned this- some may consider this as not so important, but in my experienced investor eyes the action for lynas corp is only starting to heat up and this so called $1.80 price target that has been thrown around by brokers will very shortly be upgraded from the announcement of the japanese venture- anyway as i stated earlier im amazed no-one picked up on the after market action- interesting stuff

    6:26:50 PM 0.000 0 0.000
    6:26:50 PM 0.000 0 0.000
    6:26:50 PM 0.000 0 0.000
    6:26:49 PM 0.000 0 0.000
    6:26:49 PM 0.000 0 0.000
    6:26:49 PM 0.000 0 0.000
    4:46:36 PM 1.640 74,810 122,688.400 SX XT
    4:39:29 PM 1.640 149,620 245,376.800 SX XT
    4:27:20 PM 1.640 74,810 122,688.400 SX XT
    4:17:30 PM 1.640 149,620 245,376.800 SX XT
    4:15:52 PM 1.640 74,810 122,688.400 SX XT
    4:13:27 PM 0.000 0 0.000
    4:12:46 PM 0.000 0 0.000
    4:10:22 PM 1.610 67,609 108,850.490

    ok so firstly from after market figures, $967k of purchases at $$1.64 when we closed at $1.61 strange isnt it

    the other peculiar, yet intriguing after market action which caught my eye was the fact that there was eight additional after market trades completed with a 0 value- for those that are curious as to the nature of these trades and the importance of identifying them on our course of sales list is this-

    trades that are listed with a 0 value is a new type of trade which is conducted with an undisclosed amount and quantity for the trade. some on this thread may be aware of these trades and some may not, but this is a new type of order type by the asx and can be viewed at the following weblink http://www.asx.com.au/professionals/pdf/asx_trade_new_order_types.pdf

    the interesting thing to note, is that these new undisclosed orders have a minimum order size of A$500,000. A wise man once told me follow the smart money and so if there was some $967k purchased aftermarket yesterday at a premium to our closing price and a minimum of A$4 Million purchased in undisclosed orders, I would certainly suggest that the smart money is loading up for the long haul on lynas corporation. If this isnt one of the clearest signs to see that the smart money is coming into lynas corporation, i dont know what other signs you could possibly need- the facts speak for themselves thus proving this is no ramp- dyor as usual but do it fast i suggest. because if the smart money is loading up quick and fast, lyc will be hitting new highs in the very near term-

    happy trading and have a great weekend posters
 
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