When Lynas was at it's peak short selling was still vigorous - 11.6% of shares sold on 21 April 2011, for example.
https://www.asxonline.com/intradoc-cgi/groups/public/documents/reports/shortsell_gross_20110421.txt
So it's been going on all the time. The only way it would affect the SP is if it increased, pushing the price down a tiny bit, or decreased, pushing it up.
But if the company wasn't a sitting duck for short sellers, you wouldn't have to worry about it. All those failed promises from that one Nick Curtis, 10% of world REE market share by 2004 ...... etc. etc. etc. just make it a shorter's dream.
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lynas rare earths limited
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$8.23

Lynas warns - uncertain of survival, page-34
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Last
$8.23 |
Change
-0.110(1.32%) |
Mkt cap ! $7.665B |
Open | High | Low | Value | Volume |
$8.30 | $8.35 | $8.17 | $9.107M | 1.105M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
29 | 7522 | $8.22 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.23 | 5155 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 559 | 8.230 |
26 | 11360 | 8.220 |
23 | 12493 | 8.210 |
25 | 17859 | 8.200 |
26 | 13773 | 8.190 |
Price($) | Vol. | No. |
---|---|---|
8.240 | 19796 | 18 |
8.250 | 14939 | 15 |
8.260 | 21336 | 17 |
8.270 | 18614 | 11 |
8.280 | 10835 | 9 |
Last trade - 11.35am 04/07/2025 (20 minute delay) ? |
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THE CALMER CO INTERNATIONAL LIMITED
Matthew Kowal / Andy Burger, CCO / Head of E-Commerce
Matthew Kowal / Andy Burger
CCO / Head of E-Commerce
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