Some of it is new shares being converted to cash some of it is shorts establishing new positions but most of it is profit taking by deep pocket traders. A trader will see the kind of moves we've had recently and take partial profits then reload on the pullback. That is healthy market action. What we don't want to see is a parabolic move straight up. That is a bubble and they never end well. Sit back, relax and enjoy the ride, IMO, Lynas is out of the storm and it's clear sailing.
Some of it is new shares being converted to cash some of it is...
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Last
$5.98 |
Change
-0.090(1.48%) |
Mkt cap ! $5.589B | |||
| Open | High | Low | Value | Volume |
| $6.06 | $6.11 | $5.98 | $17.19M | 2.859M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 79108 | $5.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.02 | 17678 | 2 |
View Market Depth
| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| LYC (ASX) Chart |