".....selective withholding of jigsaw pieces...." Is that something new for Lynas? even the supporters in this forum do the same thing.
".....quick mgmt jumped to pump prime the sp by refuting one rumor ......"When it works in their favor the grab the megaphone" = And the rampers make most noise .
"for some reason the SP remains buoyant.??? I can't work it out."
I have been saying all along ,that the Big Players make their money on trading LYC .
MS, Mitsubishi,Bank of America sold some LYC but kept enough for a good reason.
I believe the institution won t let the SP of LYC drop to zero because they will lose the 'trading LYC business" and what ever money they invested in the first place.
Hence i see the SP moves up or down for no substantial reason when ever it suits them.
Only the very smart retailers can make a dollar trading LYC.
Highest bidder situation, page-27
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Last
$6.88 |
Change
-0.040(0.58%) |
Mkt cap ! $6.430B | |||
| Open | High | Low | Value | Volume |
| $6.92 | $7.05 | $6.83 | $13.27M | 1.918M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 966 | $6.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.90 | 18661 | 4 |
View Market Depth
| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |