LYC 1.30% $6.25 lynas rare earths limited

pure speculation

  1. 5,436 Posts.
    Pure Speculation. Just personal gut feeling ,no charts but using some history .
    Does anyone think that no information is leaked prior to official announcement?
    What ever is leaked behind the scene I DON T know,but someone would know before i do..
    The big boys would have contingencies in place and, plans ready to be executed at one minute notice.
    I suspect that ,if the ann is as positive as most think it would be , then there would be a massive bulk buy. Retailers would follow at higher price..
    For a start ,I use the ,
    ? The Institutional Placement was priced at A$2.07 per share ?.the placement was oversubscribed in a short time. We have not seen massive sell from the substantial holders .
    Fundamentals have not changed. In fact price for rare earth has risen since last placement.
    With this in my mind ,I can`t afford to play the game buying and selling. Hate to be caught out at this point . Holding long term my choice.
    If the announcement is negative, then waiting time would be my loss.
 
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Last
$6.25
Change
0.080(1.30%)
Mkt cap ! $5.841B
Open High Low Value Volume
$6.25 $6.26 $6.17 $15.83M 2.513M

Buyers (Bids)

No. Vol. Price($)
4 18985 $6.22
 

Sellers (Offers)

Price($) Vol. No.
$6.25 53073 5
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Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
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