LYC lynas rare earths limited

"When the big players factor in good news on the DOW, they pour...

  1. 1,633 Posts.
    "When the big players factor in good news on the DOW, they pour money into these speculative stocks, hence, green Lynas, in most of the times, mean Green Dow."

    Sydney - This is generally not true! the volumes in LYC are to low IMO.If the large players are are doing this it isn't with LYC as far as I can see. The movements of SP on LYC have more to do with "retail traders" sentiment and demand.

    It would be a better argument to suggest Lynas and the ASX follow the DOW - not he other way round! If you said that the movement of the larger financial entities in the (DOW) or S&P500 lead the sentiment of all others I would have no difficulty saying that it was reasonable.

    However to expect the movement on the DOW to routinely follow the ASX or any single company with sentiment either positive and negative is unreasonable IMO. It may appear to happen now and then, but even that would be unusual. Sentiment changes on the worlds markets would not lag sentiment on LYC they would lead it or at best be synchronous with it.

    Looking at what happened this afternoon with LYC there was a large transactions at 14.5c that took out much of the supply and caused a gradual rise after that until more supply came online at 15.5c around the close. According to my trading platform the final trade at 16:19 was 237,709 shares back at 14.5c total value $34,467.81...... So is the 6.9% SP increase really 0.0%???
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    I will be interested to see what the SP opens at tomorrow, at 14.5c or 15.5c?

    I guess we will have to wait to know.......
 
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(20min delay)
Last
$8.29
Change
0.010(0.12%)
Mkt cap ! $7.754B
Open High Low Value Volume
$8.26 $8.38 $8.23 $25.63M 3.088M

Buyers (Bids)

No. Vol. Price($)
2 2000 $8.28
 

Sellers (Offers)

Price($) Vol. No.
$8.32 2500 1
View Market Depth
Last trade - 16.10pm 10/07/2025 (20 minute delay) ?
LYC (ASX) Chart
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