hinklestab, I do agree with you that the effort of David to challenge Goliath (in a pure business sense, please!) probably is not helping the SP of LYC.
On the other hand, I assume you're on hotcopper in order to get some information about how to invest your money (short, long, pension...).
I would be surprised if the Goliath's give a dam about you and me. Maybe, just maybe we can make a tiny difference to change the way the Goliath's are so comfortable to conduct their business. While I don't think this case will change anything fundamentally, I still think it's worth the effort.
For example, the recent challenge about changing high-speed trading on the ASX was certainly not initiated by the ones who have all the multi-million technical & political instruments (banks, investment firms, fund managers.. etc). I do believe that the Morgan Stanley controversy is an opportunity for all the Davids to be heard.
If no one complains about insider trading, high-speed trading, any market manipulation based on unfair political or technologically power... God (pick you own)help us - we'll be more and more at the end of the financial food chain.
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LYC
lynas rare earths limited
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smh article, page-7
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Last
$8.42 |
Change
0.075(0.90%) |
Mkt cap ! $7.857B |
Open | High | Low | Value | Volume |
$8.31 | $8.49 | $8.30 | $17.05M | 2.024M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 7840 | $8.41 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.42 | 14379 | 29 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 8430 | 8.410 |
24 | 11343 | 8.400 |
19 | 17613 | 8.390 |
16 | 28518 | 8.380 |
13 | 14381 | 8.370 |
Price($) | Vol. | No. |
---|---|---|
8.420 | 14334 | 29 |
8.430 | 15319 | 22 |
8.440 | 12214 | 26 |
8.450 | 23074 | 18 |
8.460 | 15503 | 13 |
Last trade - 13.09pm 03/07/2025 (20 minute delay) ? |
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LYC (ASX) Chart |