Would think the action today were some of those recently purchased warrants finding their way into pre-arranged client hands. The bid:ask has been sitting around 19m:50m for over a week now ... so for north of 40m shares to trade hands like that with a minimum tick in the price is clearly a transfer. Is there more to come? Who knows.
The big question is will Lynas now be allowed to run or will they cap it while they exchange more warrants and transfer shares? Agree with ausheds about June quarter being the one to watch for the effect of recent price rises and will be nice to see some stability in these rises.
Would think the action today were some of those recently...
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Last
$5.93 |
Change
-0.020(0.34%) |
Mkt cap ! $5.542B | |||
| Open | High | Low | Value | Volume |
| $6.04 | $6.04 | $5.93 | $23.75M | 3.975M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 128544 | $5.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.95 | 12481 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LYC (ASX) Chart |