LYC 0.58% $6.88 lynas rare earths limited

These guys wouldn't convert without either; 1. Wanting to take a...

  1. 1,307 Posts.
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    These guys wouldn't convert without either;

    1. Wanting to take a sizeable position; or
    2. Have a willing buyer(s) wanting to take sizeable position; and/or
    3. Brokers in place to arrange distribution to fund managers.

    I don't think we'll see the shares come onto the market in the near future.

    IMO this is a positive price signal, not negative. The mood has changed. There will be pull backs along the way, but gut feeling is the game has changed.
    Last edited by mmmmgus: 02/08/17
 
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$6.88
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$6.92 $7.05 $6.83 $13.27M 1.918M

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1 966 $6.87
 

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Price($) Vol. No.
$6.90 18661 4
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