Convertible bond buyers often short common to guarantee their yield, nothing unusual about that in the US.
Also, it is possible that Lynas has recognized the huge mistake Molycorp made in allowing Morgan Stanley to “borrow shares” in exchange for a lending fee. Evidently, Moly had an immediate and desperate need for cash. Not the same situation with Lynas who does have cash.
Maybe end of Ramadan will include a TOL celebration.
honest shorters, page-54
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Last
$8.09 |
Change
0.070(0.87%) |
Mkt cap ! $7.561B | |||
| Open | High | Low | Value | Volume |
| $8.15 | $8.27 | $8.08 | $35.31M | 4.353M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7192 | $8.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.10 | 4833 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |