LYC 0.33% $6.07 lynas rare earths limited

shortsell figures and where to now

  1. 17,232 Posts.
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    http://www.asx.net.au/data/shortsell.txt

    About 7 mill for LYC


    I think $1.06 will be the low today and worth a buy again now as shorts will be looking to cover before this weekend with the time ticking.

    With new press releases daily, time decay towards application meeting for approval and the like, the SP "should" be in steady incline from next week on up to pending Jan 30th.

    Will be nice to watch the 3pm rush here today as I believe the SP will run up higher into close.

    Will it happen?

    Tipping $1.85 - $1.09 which seems a fair way off at this point.



    cheers

 
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