LYC 1.65% $6.15 lynas rare earths limited

Ann: Becoming a substantial holder, page-5

  1. 43 Posts.
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    I'm not sure if I'm missing something here, regarding any connection between the Fidelity stock acquisitions and shorting Lynas. Fidelity is primarily a large mutual fund company in the Boston area, where I work as a CPA with many Fidelity employees as my clients. I don't believe Fidelity is shorting Lynas, I suspect one or more of their mutual funds is taking a position in Lynas. Of course I don't have any inside information about the exact nature/motivation of their acquisitions, but I am interpreting this as good news. I believe a very large US mutual company has taken a strong interest in Lynas. If someone believes this has something to do with shorting Lynas, could you explain why? I don't want to come across as rude, rather I'm open to hearing anyone's logical and educated opinions.
 
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Last
$6.15
Change
0.100(1.65%)
Mkt cap ! $5.748B
Open High Low Value Volume
$6.18 $6.37 $6.08 $26.63M 4.279M

Buyers (Bids)

No. Vol. Price($)
3 17840 $6.14
 

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Price($) Vol. No.
$6.17 8880 1
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
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