LYC 1.65% $6.15 lynas rare earths limited

Entitlement Offer, page-16

  1. 19,584 Posts.
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    Shorts bought back ~4M shares last Tues/Wed, 6.29% down to 4.83%, lowest since March.

    https://www.shortman.com.au/stock?q=lyc

    With the balance sheet rock solid next few years really only potential upside with production/demand improving better than expected, plus US LRE tender pending, would expect shorts to cover further, and go play somewhere else.
 
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