197,000,000 shares being shorted....in some way when you really think it through, does this mean that the 197,000,000 have already been sold into the market or have they been partially sold, or are they still waiting to be sold????
The anser to these questions will IMO have a direct impact on the ST future SP movement.
If already sold the SP is holding up well in the circumstances.
If partially sold there is still a lot of downward pressure on the SP.
If only a small amount of the 197million shares have been sold the SP will go lower.
We all know to change this situation is for Lynas to start selling product and the price of RE to stabilise.
db- "production in malaysia going to plan", page-154
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