LYC 0.17% $6.05 lynas rare earths limited

institutions buy at 75 cents

  1. 12,773 Posts.
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    Assuming the institutions are doing all the buying now and creating havic with the share price - due to the fact they also purchased at 75 cents

    And assuming the average share price for the five day period closes at 55 cents including discount

    And assuming the same amount of shares were purchased on both prices of 75 and 55 cents

    Then the average of the sum is 65 cents

    Remember also the institutions have purchased at average prices of well over a dollar


    There is no way known in my opinion that the share price will not sky rocket on Wednesday of next week, assuming the trading halt has been lifted before the end of the day


    I am excited

    I have put my money where my my mouth and purchased a million shares

    Being optimistic - no

    Being a realist - yes

    In fact if the share price gets below 57 cents before the end of the day, I will purchase another million shares
 
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Last
$6.05
Change
-0.010(0.17%)
Mkt cap ! $5.655B
Open High Low Value Volume
$6.05 $6.08 $6.03 $35.68M 5.875M

Buyers (Bids)

No. Vol. Price($)
2 34152 $6.05
 

Sellers (Offers)

Price($) Vol. No.
$6.06 9172 2
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Last trade - 16.10pm 20/06/2024 (20 minute delay) ?
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