"- The fall had nothing to do with institutions, but was driven but tax-loss selling by retailers in an environment where no progress had been made by the company and little news announced, after an already long down trend."
That statement i totally disagree with, the reason was that before the fall there was no reason for any mum and pop investors to sell, the reason was that Lynas DID NOT made anyone aware anything was wrong with the plant with their usual ON BUDGET on schedule speech. No reason for investors to sell.
Also Najib had won the election causing the share price to jump more then 30% in 1 week. There was huge excitement and Euphoria in the Hotcopper forum, everyone was happy. NO reason to sell especially Lynas did not make anyone aware there was issues with the plant.
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