Depends on the reason, if they intend to sell these shares for quick profit then over 300m shares will need to be offloaded between 10c and 16c.
Personally I am happy to have hedged my bets and sold some today.
I have to be honest and say my sentiment is sell for first time in a long time, not that I think Lynas is looking great long term but there is potential in my eyes for profit taking by the bond holders in the short term.
Ann: Partial Conversion of Convertible Bonds and Appendix 3B, page-4
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Last
$6.05 |
Change
-0.010(0.17%) |
Mkt cap ! $5.655B | |||
| Open | High | Low | Value | Volume |
| $6.00 | $6.10 | $5.97 | $26.46M | 4.378M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 849 | $6.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.07 | 10260 | 1 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |