If finances are not arranged and if the company goes into administration, what will happen to the shorter. I noted a steep rally up for FGE before it went into administration. I was assuming that it was to cover their position. In a worst case scenario for Lynas, can we see a steep rise in the price.
Shorters and LYC
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Last
$6.00 |
Change
-0.075(1.24%) |
Mkt cap ! $5.673B | |||
| Open | High | Low | Value | Volume |
| $6.06 | $6.11 | $5.99 | $7.776M | 1.288M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 12249 | $5.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.00 | 19028 | 44 |
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| Last trade - 13.05pm 24/06/2024 (20 minute delay) ? |
| LYC (ASX) Chart |