Chinese involvement cannot be rolled out. They have tried their best to stop lynas in Malaysia on the ground and failed so far. There is a big possibility that a Chinese hedge fund is destroying the price to punish Lynas in another way. Why would some body sell such relentlessly where production is just about to start and the company is about to push the button to start the LAMP. There is some conspiracy going on. Dilution is not the only answer to what we have seen on the last 4 days.
Just my view and may be wrong
Chinese involvement cannot be rolled out. They have tried their...
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Last
$6.06 |
Change
0.040(0.66%) |
Mkt cap ! $5.664B | |||
| Open | High | Low | Value | Volume |
| $5.80 | $6.06 | $5.76 | $50.03M | 8.403M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3840 | $6.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.07 | 39097 | 4 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |