[Lynas shares are getting shorted by big players so they can buy back later at a cheaper prices]
Yes, that is correct.
[However once production starts then Lynas's strong fundamentals will start to kick in and start to attract more big players]
Incorrect. We need two quarters of even production cash flow.
[is it really normal for a company worth ~2.3b market cap and strong fundamentals to be manipulated by shorters like a penny stock]
It *IS* a penny stock. Do you not know where you are?
[Something really fishy is going on. any speculation to what that might be?]
See the first paragraph. However, it also depends on what you think "fishy" is.
the truth about lynas share price, page-4
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Last
$7.14 |
Change
-0.200(2.72%) |
Mkt cap ! $6.673B | |||
| Open | High | Low | Value | Volume |
| $7.34 | $7.34 | $7.13 | $39.28M | 5.467M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1546 | $7.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.15 | 72361 | 6 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |