Given that LYC has just been range-trading today, with the shorters not game to push down, and no obvious short covering run up, I just wonder if Lynas shouldn't go into a trading halt pending the decision from MOSTI?
If the announcement becomes known after our market closes here, then Germany, the USA, etc all have the chance to get in ahead of a presumed gap up here on Monday. If the announcement DOESN'T occur, then it would stop all this agonizing and waiting and indecision.
Currently the market is showing that it has no direction for LYC.
Anyone else think that an elective trading halt called within the next 20 minutes would be a good idea?
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$7.75 |
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Mkt cap ! $7.244B |
Open | High | Low | Value | Volume |
$7.81 | $7.88 | $7.66 | $13.33M | 1.713M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 17351 | $7.74 |
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Price($) | Vol. | No. |
---|---|---|
$7.75 | 85285 | 1 |
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No. | Vol. | Price($) |
---|---|---|
3 | 16962 | 7.740 |
2 | 28577 | 7.730 |
2 | 16971 | 7.720 |
2 | 13670 | 7.710 |
1 | 5000 | 7.700 |
Price($) | Vol. | No. |
---|---|---|
7.750 | 85285 | 1 |
7.810 | 1606 | 1 |
7.820 | 11517 | 3 |
7.830 | 8667 | 1 |
7.840 | 15994 | 5 |
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