Hi,
From speaking with other investors, some don't realize that if you have a margin account your LYC - LYNAS shares could be lent out for shorts to borrow. I would suggest moving all of your shares into a CASH account. This will ensure they are not lent out to the shorts. If many investors do this, that will make the cost of borrowing LYC shares more expensive. Right now I was told it was about 2.5% to borrow. If that cost rises, it will become more expensive to keep their short positions on for an extended period, especially if LYC is rising.
Hi,From speaking with other investors, some don't realize that...
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Last
$6.11 |
Change
-0.040(0.65%) |
Mkt cap ! $5.757B | |||
| Open | High | Low | Value | Volume |
| $6.21 | $6.22 | $6.07 | $3.815M | 621.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 4042 | $6.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.12 | 21024 | 27 |
View Market Depth
| Last trade - 12.59pm 29/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |